The system within a business for converting raw data from source documents (like invoices, sales receipts, bills, and checks) into information that will help a manager make business decisions is known as a/an ______.
A) computer system
B) accounting system
C) record system
D) data system

Question

Quizplus · Accepted Answer

An accounting system is designed to process raw data from transactions (e.g., invoices, sales receipts, bills, checks) into meaningful information, such as financial statements, that assist managers in making informed business decisions.

The System Within a Business for Converting Raw Data from Source