A User Inputs Data into a Computer, and Then the Computer

question 72

True/False

A user inputs data into a computer, and then the computer processes it. _________________________

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Definitions:

Purchases Credit

A transaction type where goods or services are bought on account, with payment to be made at a future date, usually within an agreed period.

Voucher System

A method of accounting in which each transaction is documented with a voucher, ensuring that every payment is authorized and accounted for properly.

Correct Order

The proper or desired sequencing of elements, items, or processes according to rules or guidelines.

Recording

The process of entering financial transactions into the accounting records of a business.