Which of the following statements is true?
A) The starting point in the development of an accounting system is the implementation stage where systems are installed and made operational.
B) During the analysis stage of development of an accounting information system, the information needs of internal and external users are determined.
C) After an accounting information system has been implemented the effectiveness of the system is assured.
D) None, all the statements are false.
Correct Answer:
Verified
Q33: A subsidiary ledger replaces the need for
Q34: If the balances in the subsidiary ledger
Q35: The cash receipts journal is only used
Q36: The sales journal is only used to
Q37: Which of the following statements is false?
A)
Q39: The principles of effective accounting systems include:
A)
Q40: Implementation of an accounting information system requires
Q41: Each of the following is a feature
Q42: Internal controls are concerned with:
A) safeguarding assets.
B)
Q43: Related selling activities do not include:
A) shipping
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