Which of the Following Is TRUE of Data Processing and Storage

question 79

Multiple Choice

Which of the following is TRUE of data processing and storage in a computerized information system?

• A) In a computerized accounting information system, processing includes manually journalizing transactions and posting to the accounts.
• B) In a computerized accounting information system, there will be a main centralized computer where data is stored, which cannot be accessed from any other computers.
• C) In both computerized and manual systems, all data are contained in paper documents and are often stored in filing cabinets and off-site document warehouses.
• D) In a computerized accounting information system, companies are spending increasingly large amounts of cash to ensure that their data and information are secure.

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Definitions:

Budgeted Performance

The planned or forecasted financial performance of a business or project, often including revenue, expenses, and profit targets.

Sales Volume

The amount of goods or services a company sells during a particular timeframe.

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold in a brief timeframe, including charges like rent, salaries, and insurance.

Units of Production

A depreciation method that allocates the original cost of an asset over its total estimated production capacity.