A typical ________ system can produce income statements and balance sheets.
A)management information
B)executive support
C)general ledger
D)decision support

Question

Quizplus · Accepted Answer

The general ledger system is responsible for recording all financial transactions of a company and creating financial statements such as income statements and balance sheets. Management information and decision support systems may provide some financial data, but they are not typically responsible for producing full financial statements. Executive support systems are more focused on providing high-level strategic information rather than detailed financial statements.

A Typical ________ System Can Produce Income Statements and Balance