Computerized Accounting Systems

question 6

Multiple Choice

Computerized accounting systems

• A) provide a tedious form of record keeping
• B) improve the timeliness of reporting
• C) prevent all journalizing errors
• D) are only used in medium and large businesses

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Definitions:

Compute Mean

The process of calculating the arithmetic average of a set of numbers by summing them up and dividing by the count of numbers.

Predictors

Variables used in regression analysis to forecast the value of an outcome variable.

Independent Variable

An independent variable is a variable that is manipulated or changed in an experiment to test its effect on a dependent variable.

Dependent Variable

The outcome factor in a study that changes in response to manipulations of the independent variable.