An accounting information system is unlikely to help a firm to:
A)determine whether to approve a credit sale
B)decide how much to purchase from suppliers
C)determine the provision for bad debts
D)eliminate financial fraud

Question

Quizplus · Accepted Answer

While an accounting information system can help in detecting financial fraud, it cannot completely eliminate it as there is always the possibility of human errors or intentional misconduct. Therefore, option D is not an accurate statement. Options A, B, and C are all tasks that an accounting information system can help with, as it can provide information on creditworthiness, purchasing levels, and potential bad debts.

An Accounting Information System Is Unlikely to Help a Firm