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Questions and Answers

Which of the following is true about accounting information systems (AISs)?

  • AISs are traditional manual approaches to accounting
  • AISs are ineffective in organizing and reporting financial information
  • AISs automate data processing and ensure timely and accurate information (correct)
  • AISs are frameworks in which data is collected, processed, controlled, and managed

What is the meaning of an information system?

  • A system that interacts with other systems
  • A system that collects, processes, controls, and manages data (correct)
  • A system that provides financial information to users
  • A system that automates data processing

What is the purpose of an accounting information system (AIS)?

  • To organize and report financial information (correct)
  • To interact with other systems
  • To automate data processing
  • To collect and manage data

Why are traditional manual approaches to accounting considered ineffective?

<p>They lack coordination and automation (B)</p> Signup and view all the answers

What is accounting often referred to as?

<p>The language of business (C)</p> Signup and view all the answers

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