Which of the Following Is a Benefit of Using a Computerized

question 10

Multiple Choice

Which of the following is a benefit of using a computerized accounting information system?

• A)It can accurately measure the intrinsic value of the firm using the built-in simulation techniques.
• B)The accountant, who inputs data, is not required to review the financial statements for accuracy.
• C)The accountant, who inputs data, need not set the correct time period.
• D)It automatically transfers the amounts from the general ledger to the financial statements.

---

Definitions:

Massive Scope

Describes projects, studies, or operations that have an exceptionally large scale, extent, or range of influence.

Unplanned Change

Change that is imposed on the organization and is often unforeseen.

Excise Tax

A tax levied on specific goods, services, or transactions, often included in the price of the product or service.

Computer-Controlled

Systems or devices managed or operated by computer algorithms or software rather than directly by human intervention.