Which of the Following Is a Benefit of Using a Computerized

question 74

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,thus no training or review is necessary.
• D)The software automatically transfers the amounts from the general ledger to the financial statements.

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Definitions:

Consumerism

The preoccupation with and an inclination toward the buying of consumer goods.

Countercultures

Are subversive subcultures.

Dominant Values

The most widely shared beliefs or norms that guide behavior and expectations within a society.

High Cultures

Pertains to the cultural products and practices considered superior or prestigious in society, often associated with the elite or educated classes.