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:

Infant Mortality Rate

The rate at which infants under one year of age die in a given population per 1,000 live births in a year.

Crude Birth Rate

The number of live births per 1,000 people in a population in a given year.

Teenage Pregnancy Rate

The number of pregnancies per 1,000 females aged 15-19 in a given year, a key indicator of reproductive health and socio-economic conditions.

Immigration

The movement of people from one country to another to live or work.