Consider the following information items as you respond to the next question: i. Customer master file
Ii) Journal entry to record the receipt of cash
Iii) Pre-numbered documents
Iv) Schedule of accounts receivable
Accounting information systems have five generic elements. Which of the following statements is most true?
A)"Pre-numbered documents" can be an example of three of the five elements.
B)"Schedule of accounts receivable" can be an example of all five elements.
C)Both A and B are true.
D)Neither A nor B is true.

Question

Quizplus · Accepted Answer

"Pre-numbered documents" can be an example of the input, processing, and output elements of the accounting information system. The schedule of accounts receivable can only be an example of the output element. Therefore, statement B is not true, and statement C is also not true.

Consider the Following Information Items as You Respond to the Next