Which of the Following Is an Example of Source Data

question 84

Multiple Choice

Which of the following is an example of source data automation?

• A)a utility bill
• B)POS (point-of-sale)scanners in retail stores
• C)a bill of lading
• D)a subsidiary ledger

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Definitions:

Accounting Equation

The fundamental principle of accounting that states assets equal liabilities plus owner's equity.

Purchasing Supplies

The process of acquiring the goods and materials a company needs to operate.

Increases Liabilities

Refers to events or transactions that result in a rise in the amounts owed by a company, such as taking on new loans or issuing bonds.

Decreases Equity

Activities or transactions that reduce the owner's equity in a company, often through expenses, losses, or distributions to owners.