The Use of Computerized Accounting Systems ________

question 214

Multiple Choice

The use of computerized accounting systems ________.

• A) makes it possible for most firms to operate without the expense of hiring or consulting with accountants.
• B) reduces the pressure on managers in making financial decisions.
• C) allows firms to generate financial information almost instantly and whenever the organization needs it.
• D) creates an environment in which accounting has become nothing more than glorified bookkeeping, as all accountants are required to do is enter data into the system and monitor the results the program generates.

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Definitions:

First Ventricle

Also known as the left ventricle, a chamber of the heart responsible for pumping oxygenated blood to the aorta and systemic circulation.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood, controlling basic emotions, and drives such as fear and pleasure.

Basic Survival Instincts

The innate, automatic behaviors and responses aimed at preserving one’s life and well-being.

Voluntary Movements

Movements controlled consciously by the brain, usually in response to stimuli or as deliberate actions, contrasting with involuntary movements like reflexes.