What statement below best describes an Accounting Information System?

Question

Quizplus · Accepted Answer

An accounting information system (AIS) is a system that identifies, records, summarizes, and communicates the various transactions of a company. It is built to capture and report the effects of a company's accounting transactions. The type of AIS can vary widely, ranging from a manual system to a highly complex electronic system, depending on the size of the organization and its information needs. Therefore, all of the above options are correct statements about an accounting information system.

What Statement Below Best Describes an Accounting Information System