Which of the following is a true statement about manual and electronic accounting systems?
A) Few small companies begin with manual systems.
B) The design and structure of manual and electronic systems are essentially the same.
C) Many companies convert from electronic to manual systems.
D) The design and structure of manual and electronic systems are fundamentally different.

Question

Quizplus · Accepted Answer

The core principles of accounting remain consistent whether using a manual or electronic system; both require similar design and structure to ensure accurate financial reporting, albeit the tools and processes may differ.

Which of the Following Is a True Statement About Manual