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With Respect to the Types of Information Systems Used in Organizations,a

question 46

Multiple Choice

With respect to the types of information systems used in organizations,a word processor is an example of a(n) ________ system.


Definitions:

Account

A record used to keep track of financial transactions within a specific category in accounting.

Credit Side

The right side of an accounting ledger where increases in liabilities, equity, and revenue accounts, or decreases in assets and expense accounts are recorded.

Normal Balance

The side (debit or credit) of an account that is typically increased. For assets and expenses, it's debit; for liabilities, equity, and income, it's credit.

Account

A record that keeps track of all financial transactions related to an asset, liability, equity, revenue, or expense.

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