Operational accounting systems emphasize legal and historical record-keeping and the production of accurate financial statements.

Name: Operational accounting systems emphasize legal and historical record-keeping and the production of accurate financial statements.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Operational accounting systems are designed to record all financial transactions accurately and create financial statements based on those records. The emphasis is on maintaining a legal and historical record of transactions.

Operational Accounting Systems Emphasize Legal and Historical Record-Keeping and the Production