1. Computers help us to take financial _______, which is then turned into usable ________. a) Data; information b) Research; data c) Information; data d) Information; research

3. The system within a business for converting raw data from source documents (like invoices, sales receipts, bills, and checks) into information that will help a manager make business decisions is known as a/an

a) Computer system

b) Accounting system

c) Record system

d) Data system

8. All but which of the following are the three most important financial statements for providing information about a business? a) Income statement b) Balance sheet c) Statement of retained earnings d) Statement of cash flows