What Are the Roles of People in Computerized Accounting Systems

question 27

Multiple Choice

What are the roles of people in computerized accounting systems?

• A) To monitor the processing of data and to interpret data
• B) To manufacture hardware, write software, and maintain the accounting system
• C) To supervise and control the accounting function
• D) A and B, but not C
• E) A, B, and C E

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Definitions:

Firm

A business organization, such as a corporation or partnership, which sells goods or services in exchange for money.

AFC

Average Fixed Cost, the fixed costs of production divided by the quantity of output produced.

Variable Costs

Costs that change in proportion to the good or service that a business produces, such as materials and labor.

Output

The sum of all products or services generated by a business or economic system.