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

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.

Quizplus · Accepted Answer

Processing accounting data involves performing calculations, classifying the data into appropriate categories, and summarizing it into financial statements or reports. Source documents and keying, bar codes and point of sale, electronic data interchange and e-business are all methods of inputting data into the accounting system.

After the Accounting Information Has Been Input into the Accounting