Which of the following is true of the comparison between a manual and a computerized accounting information system?
A) In both manual and computerized systems,reports and financial statements must be created using Word documents,Excel spreadsheets,or PowerPoint.
B) In a computerized system,the software can generate financial reports instantaneously that cannot be formatted.
C) In a manual system,data are contained in paper documents,which are often stored in filing cabinets and off-site document warehouses; whereas in a computerized system,data are stored on a main computer called a server.
D) In both manual and computerized systems,processing data includes manually journalizing transactions and posting to the accounts.
Correct Answer:
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