The General Ledger System of an Organization Should Be Designed

question 54

Multiple Choice

The general ledger system of an organization should be designed to serve the information requirements of both internal and external users.This means that the system should support

• A)producing expansive regular periodic reports to cover all information needs.
• B)the real-time inquiry needs of all users.
• C)producing regular periodic reports and respond to real-time inquiry needs.
• D)access by investors and creditors of the organization to general ledger balances.

---

Definitions:

Cones

The light-sensitive receptor cells in the retina that enable humans to see color and fine detail in adequate light but do not function in very dim light.

Night Vision

The ability to see in low-light conditions, which varies significantly among different species and is enhanced by technological devices for humans.

Optic Nerve

The nerve that carries visual information from each retina to both sides of the brain.

Ganglion Cells

Specialized neurons located in the retina that play a critical role in processing visual information.