Which of the following is true of an accounting software?
A)It is electronic equipment.
B)It can never save any transaction data.
C)It can read, edit, and store transaction data.
D)It cannot be customized.

Question

Quizplus · Accepted Answer

Accounting software is an electronic equipment that can read, edit, and store transaction data efficiently. It is specifically designed to process and manage accounting transactions such as accounts payable, accounts receivable, general ledger, payroll, and financial statements. While the software may have some limitations in terms of customization, it can be configured to meet the specific accounting needs of an organization.

Which of the Following Is True of an Accounting Software