All of the following statements regarding accounting information systems are true except:
A: Accounting
information systems collect and process data from transactions and events.
B: Accounting
information systems organize data in useful forms.
C: Accounting information
systems do not establish internal control procedures.
D: Accounting information systems are crucial to effective decision making.
E: Accounting
information systems communicate information to business decision makers.
A: Accounting
information systems collect and process data from transactions and events.
B: Accounting
information systems organize data in useful forms.
C: Accounting information
systems do not establish internal control procedures.
D: Accounting information systems are crucial to effective decision making.
E: Accounting
information systems communicate information to business decision makers.
举一反三
- All of the following statements regarding accounting information systems are true except: () A: Accounting information systems collect and process data from transactions and events. B: Accounting information systems organize data in useful forms. C: Accounting information systems are crucial to effective decision making. D: Accounting information systems do not establish internal control procedures.
- All of the following statements regarding accounting information systems are true except: A: Accounting information systems do not establish internal control procedures. B: Accounting information systems collect and process data from transactions and events. C: Accounting information systems are crucial to effective decision making. D: Accounting information systems communicate information to business decision makers.
- Managerial accounting targets external users of accounting information while financial accounting targets internal users of accounting information()
- Which of the following statements is false?( ) A: Financial accounting information can be used for internal reporting purposes. B: Cost accounting can only be used to provide inventory valuations for internal reporting. C: Management accounting provides information relevant to decision making, planning, control and evaluation of performances. D: Routine information can be used to make decisions regarding both the long term and the short term.
- Which of the following statements is NOT necessarily true about computerised accounting systems? A: They enable real-time reporting B: The information contained is completely accurate C: They facilitate the generation of exception reports D: They do not create mis-casting errors