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Questions and Answers
Which of the following is true about accounting information systems (AISs)?
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?
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)?
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?
Why are traditional manual approaches to accounting considered ineffective?
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What is accounting often referred to as?
What is accounting often referred to as?
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