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:

Alcohol Consumption

The act of drinking beverages containing ethanol, which can vary from moderate to heavy use and may lead to addiction and health problems.

Different Situations

Various circumstances or scenarios that may arise in life, each with its unique set of challenges, opportunities, and dynamics.

Split-brain Condition

A condition resulting from severance of the corpus callosum, leading to disconnection between the right and left hemispheres of the brain, affecting communication and coordination between them.

Left Hemisphere

The hemisphere of the brain associated with analytical thought, language, reasoning, and logical abilities, typically dominant in right-handed individuals.