Which of the following is a fact about accounting information systems?

Question

Quizplus · Accepted Answer

Accounting information systems involve multiple parts that are interrelated, such as data input, processing, storage, and output. While computers are commonly used in modern accounting information systems, it is not a requirement. Accounting information systems also report non-financial information when necessary, and while they provide important information for decision making, they are not the sole source of information. Therefore, choice D is the only factually correct statement about accounting information systems.

Which of the Following Is a Fact About Accounting Information