Which of the Following Is a Benefit of Using a Computerized

question 47

Multiple Choice

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

• A) The software can accurately measure the intrinsic value of the firm using the built-in simulation techniques.
• B) There is no need to review the financial statements for accuracy.
• C) The software is easy to use and thus no training or financial statement review is necessary.
• D) The software automatically transfers the amounts from the general ledger to the financial statements.

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Definitions:

Auditory System

The sensory system that includes the ears and the brain structures that process sound.

Sound

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Volley Principle

A theory explaining how auditory neurons work together to convert high-frequency sound waves into electrical signals by firing in rapid succession.

Frequency Theory

A theory regarding how sounds are perceived, suggesting that the frequency of an auditory stimulus is directly related to the frequency of neural impulses sent to the brain.