The system that captures, records, processes, and reports accounting information is referred to as a(n):
A)Accounting information system
B)Management information system.
C)System of business processes.
D)Client-server system.

Question

Quizplus · Accepted Answer

The system that captures, records, processes, and reports accounting information is specifically called an accounting information system. It is designed to handle financial and accounting transactions of a business and provide accurate and timely financial information to internal and external stakeholders. A management information system may include accounting information, but it is a broader system that also includes non-financial data and is used to support decision-making across all areas of an organization. "System of business processes" and "client-server system" are both too broad and do not specifically refer to the accounting function.

The System That Captures, Records, Processes, and Reports Accounting Information