The Use of Computers in Processing Accounting Data

question 27

Multiple Choice

The use of computers in processing accounting data

• A) eliminates the need for accountants.
• B) eliminates the double entry system as a basis for analyzing transactions.
• C) eliminates the need for financial reporting standards such as those promulgated by the FASB.
• D) may result in the elimination of document trails used to verify accounting records.

---

Definitions:

Collective Unconscious

A concept in psychoanalytic theory referring to the part of the unconscious mind that is shared among beings of the same species containing archetypes and universal experiences.

Carl Jung

A psychiatrist and psychoanalyst from Switzerland who established the field of analytical psychology, focusing on the significance of the personal psyche and the individual's pursuit of completeness.

Symbols and Art

The use of symbols within art to convey complex ideas, emotions, and narratives, bridging the gap between abstract thoughts and tangible expression.

Psychoanalysis

A therapeutic approach focusing on unconscious thoughts and feelings, developed by Sigmund Freud, aiming to resolve internal conflicts.