Which of the following statements regarding accounting information systems is not true?
A)Accounting information systems consist of people,records,methods,and equipment.
B)Accounting information systems are more important than ever to decision makers.
C)Accounting information systems cannot improve on a company's competitive edge.
D)Accounting information systems are designed to provide output including financial,managerial,and tax reports.
E)Accounting information systems are designed to capture information about a company's transactions.

Question

Quizplus · Accepted Answer

The statement "Accounting information systems cannot improve on a company's competitive edge" is not true. In fact, accounting information systems can improve a company's competitive edge by providing valuable information for decision-making and helping to streamline processes.

Which of the Following Statements Regarding Accounting Information Systems Is