Which of the Following Is True of Outputs in an Accounting

question 50

Multiple Choice

Which of the following is true of outputs in an accounting information system?

• A)In a manual system,reports and financial statements must be created using Word documents,Excel spreadsheets,or PowerPoint.
• B)In a computerized system,the software can generate reports instantaneously that can never be manipulated.
• C)Examples of outputs in an accounting information system include purchase invoices,bank checks,and sales invoices.
• D)Since the output in an accounting information system is audited and error-free,it provides the evidence and data for accounting transactions.

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Definitions:

Factory Overhead

All manufacturing costs that are not directly attributable to the product, including indirect materials, indirect labor, and other production-related expenses.

Product Cost

The total amount spent to produce a product, including the cost of materials, labor, and overhead directly related to the making of the product.

Lawn Service

A business that provides maintenance services for lawns and gardens, including mowing, fertilizing, and weed control.

Office Grounds

The outdoor area or surroundings of an office building, which can include landscaping, parking lots, and other external features.