Which of the Following Is a True Statement About Manual

question 148

Multiple Choice

Which of the following is a true statement about manual and electronic accounting systems?

• A) Few small companies begin with manual systems.
• B) The design and structure of manual and electronic systems are essentially the same.
• C) Many companies convert from electronic to manual systems.
• D) The design and structure of manual and electronic systems are fundamentally different.

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Definitions:

Proposed Rule

An official suggestion for a new regulation or amendment to existing regulations, usually published for public comment before adoption.

Comments

Observations or remarks expressed to convey feedback or information.

Informal Rule Making

The process whereby regulatory agencies create and issue rules and regulations through methods that are less formal than traditional rulemaking processes, often involving public notice and comment.

Efficiency

The economic principle of getting the most output from the least input.