Most accounting information systems comprise five elements.XBRL tagging software is most closely associated with:
A)Inputs.
B)Processing.
C)Outputs.
D)Storage.

Question

Quizplus · Accepted Answer

XBRL tagging software is responsible for processing financial data and adding appropriate tags to ensure that it is easily readable by accounting information systems. This allows for more efficient processing of data and easier production of financial reports.

Most Accounting Information Systems Comprise Five Elements