Accounting Information Systems Have Five Generic Parts

question 41

Multiple Choice

Accounting information systems have five generic parts.Outputs of the acquisition/payment process can include:

• A)Schedule of accounts payable.
• B)Checks.
• C)Both schedule of accounts payable and checks.
• D)Neither schedule of accounts payable nor checks.

---

Definitions:

Venn Diagram

A graphical representation using circles to illustrate the relationships among various sets or groups by showing where they overlap and differ.

Particular Proposition

A categorical proposition that makes an assertion about at least one but not all members of the class designated by its subject term (I and O).

Venn Diagram

A visual representation of the mathematical or logical relationships between different groups, often depicted with circles that overlap.

Existential Import

An attribute of propositions that implies the existence of the subject matter within logical or philosophical analysis.