The combination of personnel,records and procedures that a business uses to meet its need for financial data is referred to as the:
A)accounting information system.
B)management system.
C)input system.
D)collecting and reporting system.

Question

Quizplus · Accepted Answer

An accounting information system refers to the combination of personnel, records, and procedures that a business uses to meet its needs for financial data. It involves the collection, analysis, processing, and communication of financial information to support decision-making, control, and planning activities in an organization. Options B, C, and D do not fully capture the essence of an accounting information system.

The Combination of Personnel,records and Procedures That a Business Uses