Accounting Information Systems Have Five Generic Elements

question 58

Multiple Choice

Accounting information systems have five generic elements. Which of the following pairs includes two examples of the same element within the context of the acquisition / payment process?

• A)Purchase order and schedule of accounts payable
• B)Purchase order and adequate documentation
• C)Schedule of accounts payable and adequate documentation
• D)All of the above

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Definitions:

Comparable Education

An education system, standard, or achievement that is similar in quality, scope, and value to another, enabling reasonable comparison.

Social Norms

Shared, unwritten rules that govern the behavior of members within a society or group, based on accepted and expected practices and conduct.

Structural Oppression

Refers to systematic and societal norms, policies, and institutions that discriminate or disadvantage certain groups based on their identity characteristics such as race, gender, sexual orientation, or socioeconomic status.

Same-Sex Marriage

The legally recognized marriage between two individuals of the same gender, granted the same rights and responsibilities as heterosexual marriage.