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 can never be manipulated.
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.

Question

Quizplus · Accepted Answer

This option correctly identifies the difference in storage of data between manual and computerized systems. Option A is incorrect because in a computerized system, reports and financial statements can be generated within the software without the need for external programs like Word or Excel. Option B is also incorrect because financial reports generated by a computerized system can be manipulated if there are errors in data input or processing. Option D is incorrect because processing data in a computerized system involves automated journalizing and posting through data entry rather than manual processes.

Which of the Following Is True of the Comparison Between