Accounting Information Systems Have Five Generic Elements

question 59

Multiple Choice

Accounting information systems have five generic elements. Which of the following would most appropriately be labeled "storage" within the context of the sales / collection process?

• A)A paper file of outstanding customer invoices
• B)An electronic database of sales transactions
• C)Both A and B
• D)Neither A nor B

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Definitions:

Red Light

A traffic signal indicating to stop and remains one of the most universal signals for controlling vehicle movements at intersections.

Closing Distance

The distance between two points or objects that is diminishing over time, often used in the context of safety or navigation.

Ammeter Function

The function of measuring the current flow in amperes in an electrical circuit, typically done by an ammeter.

Digital Multimeter (DMM)

A multiple mode electrical measurement instrument capable of measuring AC voltage, frequency, DC, ohms, amperage, and other values. The term DMM tends to be used in truck technology; the same instrument is more commonly referred to as a digital volt ohmmeter (DVOM) in the auto area.