Match the Following Accounting System Components with the Appropriate Item(s) $\underline{\quad\quad\quad\quad\quad}$

question 38

Essay

Match the following accounting system components with the appropriate item(s):
A. Input devices
B. Information storage
C. Information processor
D. Output devices
E. Source document
$\underline{\quad\quad\quad\quad\quad}$ 1. Computer hard drive
$\underline{\quad\quad\quad\quad\quad}$ 2. Computer monitor
$\underline{\quad\quad\quad\quad\quad}$ 3. Employee paychecks
$\underline{\quad\quad\quad\quad\quad}$ 4. Electronic files
$\underline{\quad\quad\quad\quad\quad}$ 5. Computer keyboard
$\underline{\quad\quad\quad\quad\quad}$ 6. Journal entries
$\underline{\quad\quad\quad\quad\quad}$ 7. Software
$\underline{\quad\quad\quad\quad\quad}$ 8. Financial statements
$\underline{\quad\quad\quad\quad\quad}$ 9. Journals
$\underline{\quad\quad\quad\quad\quad}$ 10. Invoice from suppliers

---

Definitions:

Operating Costs

Expenses associated with the day-to-day functions of a business, excluding costs associated with production or acquisition of goods.

Depreciable Cost

Depreciable cost is the cost of a fixed asset that is subject to depreciation over its useful life, excluding salvage value.

Depreciation Rate

A percentage rate used to calculate the decrease in value of an asset over time for accounting and tax purposes.

Units-of-Activity

A depreciation method that allocates the cost of an asset over its useful life based on the units it produces or hours it operates.