The accounting systems of most business organizations:
A)Are tailored to meet the organization's needs for accounting information and the resources available for operating the system.
B)Are similar in design to the journals,ledgers,and worksheets illustrated in this text.
C)Utilize data bases,rather than ledger accounts.
D)Are designed by the CPA firm that performs the annual financial audit.

Question

Quizplus · Accepted Answer

The accounting systems of most business organizations are tailored to meet the organization's needs for accounting information and the resources available for operating the system. This means that each organization's accounting system can vary depending on the size, complexity, and nature of their operations.

The Accounting Systems of Most Business Organizations