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:

Erikson's Theory

A psychoanalytic theory of psychological development comprising eight stages from infancy to adulthood, emphasizing the influence of society on personality development.

Autonomy Vs. Shame

A developmental stage proposed by Erik Erikson, highlighting the conflict children face between self-sufficiency and self-doubt.

Adolescent Egocentrism

A developmental stage where teenagers excessively focus on themselves and are often unable to see things from others' perspectives.

Sense of Invincibility

This refers to a psychological state where an individual feels incapable of being defeated or experiencing harm.