Decision makers in practice do not need a basic knowledge of how accounting information systems work because they can be relied upon to be accurate.
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Q13: Accounting information systems collect and process data
Q14: Information processors capture information and enable its
Q15: A sales journal is used to record
Q16: A special journal is used to record
Q17: With advanced technology there is no need
Q19: The flexibility principle prescribes that an accounting
Q20: Control, competency, compatibility, flexibility and cost-benefit are
Q21: Two common subsidiary ledgers are cash receipts
Q22: Enterprise resource planning software packages include the
Q23: An advantage of online processing is that
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