An accounting information system captures data that are eventually grouped by account, and then used to prepare general purpose financial statements. The system could be described as:
A)A view-driven AIS.
B)An event-driven AIS.
C)Either A or B.
D)Neither A nor B.

Question

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An accounting information system (AIS) is a system that collects, stores, and processes financial data. The data is then used to prepare general purpose financial statements. An AIS can be either view-driven or event-driven. A view-driven AIS is one that is designed to provide a specific view of the data, such as a balance sheet or income statement. An event-driven AIS is one that is designed to capture and process data as it occurs.

An Accounting Information System Captures Data That Are Eventually Grouped