The source documents and outputs are very similar in paper-based and computerized accounting systems.

Question

Quizplus · Accepted Answer

Whether paper-based or computerized, accounting systems have similar source documents such as invoices, receipts, and bank statements. The outputs, such as financial statements and reports, will also be similar in both systems. However, the main difference is in the method of data entry and processing.

The Source Documents and Outputs Are Very Similar in Paper-Based