Which of the Following Statements Is False

question 22

Multiple Choice

Which of the following statements is false?

• A) Computers can perform calculations and make logical decisions phenomenally faster than human beings can.
• B) Supercomputers are already performing thousands of trillions (quadrillions) of instructions per second.
• C) Unfortunately, silicon is expensive, so it has made computing more costly.
• D) Computers process data under the control of sequences of instructions called computer programs.

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Definitions:

Reversing Entry

An accounting technique used to simplify record-keeping, where an entry made in one accounting period is reversed in the next period to allow for straightforward transaction recording.

Adjusting Journal Entry

A journal entry made at the end of an accounting period to record any unrecorded income or expenses for that period, ensuring that financial statements adhere to the accrual basis of accounting.

Revenue Account

An account that tracks the income earned from normal business operations.

Expense Account

An income statement account that represents the cost of goods sold, operating expenses, and non-operating expenses.