Which of the Following Is Least Likely to Be an Output

question 27

Multiple Choice

Which of the following is least likely to be an output of the accounting information system?

• A)A check
• B)A report
• C)An invoice
• D)A bar code

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Definitions:

Cumulative Effect

The total impact of a series of financial transactions or accounting adjustments within a specified period.

Return on Stockholders' Equity

A measure of financial performance calculated by dividing net income by shareholder equity, indicating how effectively a company uses investor funds.

Average Balance

The mean value of all balances held in an account over a certain period, often used to calculate interest in banking.

Ending Balance

The final amount in an account at the end of an accounting period, reflecting all transactions.