True or False: an Accounting Information System Requires at Least

question 41

True/False

True or False: An accounting information system requires at least one computer.

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Definitions:

Part-Time Workers

Employees who work less than the full-time hours defined by their employer, often with a varying schedule.

Accounts

Records relating to all financial transactions of an entity, which are used to prepare financial statements.

Insurance

A financial product sold by insurance companies to safeguard against the risk of financial losses, both big and small, that may result from damage to the insured or their property, or from liability for damage or injury caused to a third party.

Free Cash Flow

The amount of cash generated by a business after accounting for operating expenses and capital expenditures.