Many Modern Accounting Software Packages Offer Separate Transaction Cycle Modules

question 32

Multiple Choice

Many modern accounting software packages offer separate transaction cycle modules.What is the reason for this?

• A)Every organization does not need to implement all of the available transaction cycle modules.
• B)Most businesses do not need the revenue cycle module as part of their AIS.
• C)The nature of a given transaction cycle is the same irrespective of the type of organization.
• D)A properly designed AIS does not use the concept of separate business transaction cycles to process transactions.

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Definitions:

Opposing

Diametrically differing or conflicting with another position, direction, or idea.

Primary Motor Cortex

Region of frontal lobe that controls voluntary movement.

Voluntary Movement

Movement controlled by the individual through conscious effort, involving skeletal muscles.

Cerebral Cortex

The outer layer of the cerebrum in the brain, responsible for complex brain functions such as thought, memory, and decision-making.