In an Accounting Information System, the Inputs Are Usually

question 83

Multiple Choice

In an accounting information system, the inputs are usually

• A)financial statements.
• B)analyzing data.
• C)performance reports.
• D)economic events.

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Definitions:

Qualitative Characteristics

The attributes that make financial information useful to users, including relevance and faithful representation.

Quantitative Characteristics

Measurable attributes that can be quantified and analyzed numerically, often used in statistical and financial analysis.

Decision-making Process

The systematic approach of identifying and evaluating choices to come to a conclusion or course of action.

Tactical Decision

Short-term decisions that are more specific and detailed than strategic decisions, focusing on the management of daily operations rather than long-term goals.