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Indicate Whether Each of the Following Statements Is: (A) Always

Question 69

Essay

Indicate whether each of the following statements is: (a) always true, (b) sometimes true or (c) never true.1.AIS outputs are important only in AIS and financial accounting.2.An accounting information system can determine materiality without human intervention.3.Financial accounting can involve unstructured problems.4.Internal controls cut across many areas of accounting study.5.The objective of an accounting information system is to report true financial data.

Correct Answer:

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1.never True
2.never...

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