Which of the Following Is True of the Comparison Between

question 34

Multiple Choice

Which of the following is true of the comparison between a manual and a computerized accounting information system?

• A)In both manual and computerized systems,reports and financial statements must be created using Word documents,Excel spreadsheets,or PowerPoint.
• B)In a computerized system,the software can generate financial reports instantaneously that cannot be formatted.
• C)In a manual system,data are contained in paper documents,which are often stored in filing cabinets and off-site document warehouses; whereas in a computerized system,data are stored on a main computer called a server.
• D)In both manual and computerized systems,processing data includes manually journalizing transactions and posting to the accounts.

---

Definitions:

Economic Theory

A set of principles and methodologies that economists use to explain and predict economic patterns and behaviors.

Rational People

Individuals or decision-makers who systematically and purposefully do the best they can to achieve their objectives, making decisions based on available information and logical reasoning.

Marginal Analysis

Investigating the increased advantages of an activity relative to its increased financial burdens.

Vogue

The prevailing fashion, style, or trend at a particular time, often used in the context of clothing, vernacular, or popular culture.