Information Systems Quiz
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Questions and Answers

Information is a business resource. ANS: ?

False

An information system is an example of a natural system. ANS: ?

False

Transaction processing systems convert non-financial transactions into financial transactions. ANS: ?

False

Information lacking reliability may still have value. ANS: ?

<p>False</p> Signup and view all the answers

A balance sheet prepared in conformity with GAAP is an example of discretionary reporting. ANS: ?

<p>False</p> Signup and view all the answers

The Management Reporting System provides the internal financial information needed to manage a business. ANS: ?

<p>False</p> Signup and view all the answers

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