The general ledger and reporting system consists of the ________ involved in ________ the general ledger and ________ reports.
A)business transactions;updating;processing
B)data processing;business transactions for;printing
C)information processing;updating;creating
D)business transactions;data processing;preparing

Question

Quizplus · Accepted Answer

The general ledger and reporting system involves information processing to update the general ledger and create reports, which is accurately described in option C. Option A and D are partially correct but do not cover all the aspects of the system, while option B is incorrect as it suggests the system is only involved in processing data and printing business transactions.

The General Ledger and Reporting System Consists of the ________