____ refer to the variety of systems in place to record the details of a company's financial transactions (such as payments and purchases).
A) Accounting systems
B) Payroll systems
C) Order entry systems
D) Transaction processing systems

Question

Quizplus · Accepted Answer

Accounting systems are specifically designed to record and manage financial transactions within a company. Payroll systems are focused on managing employee payroll and benefits, while order entry systems are designed for recording orders and tracking inventory. Transaction processing systems may encompass all types of transactions, but accounting systems specifically focus on financial transactions.

____ Refer to the Variety of Systems in Place to Record