The information from a purchase must flow into the purchase recording systems, the accounts payable and cash disbursement systems, and the inventory tracking systems.In an IT accounting system, these recording and processing systems are called:
A)General Ledger Systems
B)Integrated Accounting Systems
C)Journal Application Systems
D)Transaction Processing Systems

Question

Quizplus · Accepted Answer

Transaction Processing Systems are designed to handle and process business transactions, including purchases, accounts payable, cash disbursements, and inventory tracking.

The Information from a Purchase Must Flow into the Purchase