Factors that shape an accounting system include the
A) nature of the business.
B) size of the firm.
C) volume of data to be handled.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

All of these factors can impact the design and structure of an accounting system. The nature of the business will determine what financial information is relevant and what types of financial reports are needed. The size of the firm affects the complexity and capacity of the accounting system. The volume of data to be handled will influence the choice of software and hardware used for accounting purposes.

Factors That Shape an Accounting System Include the