The Benefits of Computerized Accounting Systems Quiz

Data is input and processed very rapidly (correct)

Manual system is faster than computerized system

Accounting staff are not needed with computerized systems

Data is input twice for accuracy

Data is only input once and transactions carried out automatically (correct)

Accounting staff manually verify all transactions

Data is manually cross-checked multiple times

Data processing is slower than in a manual system

Only remittance advices

Only statements

Invoices, credit notes, statements, and remittance advices (correct)

Only invoices

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