The accounting cycle element that would benefit the most from using a computer is
A) journalizing.
B) posting.
C) summarizing.
D) correcting errors.

Question

Quizplus · Accepted Answer

Posting involves transferring the entries recorded in the journal to the respective accounts in the general ledger. This process can be time-consuming and prone to errors if done manually. However, using a computerized accounting system can greatly reduce the time and effort required to post transactions accurately. The system can automatically update the respective accounts whenever a transaction is recorded, thereby eliminating the need for manual posting.

The Accounting Cycle Element That Would Benefit the Most from Using