After the accounting information has been input into the accounting system, it must be processed.Process accounting data involves:
A)Source documents and keying
B)Bar codes and point of sale
C)Electronic data interchange and e-business
D)Calculations, classification, and summarization

Question

Quizplus · Accepted Answer

Processing accounting data involves calculations (such as adding up totals), classifying (putting information into categories), and summarizing (reducing large amounts of information into more manageable summaries). Source documents and keying, bar codes and point of sale, and electronic data interchange and e-business are all ways of inputting accounting data but do not involve processing it.

After the Accounting Information Has Been Input into the Accounting