Which of the Following Is True of Source Documents in an Accounting

question 37

Multiple Choice

Which of the following is true of source documents in an accounting information system?

• A)All journal entries can be considered as source documents in an accounting information system.
• B)Source documents provide control and reliability in an accounting information system.
• C)A manual document cannot be considered as a source document in an accounting information system.
• D)In a manual accounting information system,source documents refer to financial statements.

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Definitions:

Apple

A multinational technology company known for its consumer electronics, software, and services, famous for products like the iPhone and MacBook.

Toshiba

Toshiba is a diversified Japanese multinational conglomerate that operates in various sectors including electronics, industrial, and energy systems.

Lease

A contract by which one party conveys land, property, services, etc., to another for a specified time, usually in return for periodic payments.

Opportunity Cost

The worth of the best alternative given up due to making a decision.