Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following is a reason why companies choose an automated accounting information system?
Which of the following is a reason why companies choose an automated accounting information system?
- To reduce manual intervention and increase accuracy (correct)
- To cope with large volumes of transactions
- For management exigency purposes
- To comply with reportorial requirements of government regulations
What is the main benefit of an automated accounting information system?
What is the main benefit of an automated accounting information system?
- Improved management exigency
- Reduced manual intervention and increased accuracy (correct)
- Compliance with government regulations
- Increased availability of information and data
Which types of organizations may struggle with large volumes of transactions?
Which types of organizations may struggle with large volumes of transactions?
- Non-profit organizations
- Small businesses
- Banks and financial institutions (correct)
- Government agencies
What is one reason why government agencies choose an automated accounting information system?
What is one reason why government agencies choose an automated accounting information system?
Signup and view all the answers
Which of the following is NOT a reason why companies choose an automated accounting information system?
Which of the following is NOT a reason why companies choose an automated accounting information system?
Signup and view all the answers
