Mark your answer with a forward slash () for questions 1-5. 1. A combination of personnel, records, and procedures that a business uses to provide financial data is known as A) Input B) An accounting information system/ C) Output D) Source documents 2. In a manual system, processing includes journalizing transactions, posting the accounts, and preparing the financial statements A) True B) False 3. A subsidiary ledger is a group of accounts that provides supporting details on individual balances, the total of which appears in a general ledger account A) True / B) False 4. A good accounting information system includes all of the following features except: A) Inflexibility / B) Control C) Compatibility D) A favourable cost/benefit relationship 5. Design of an accounting system begins with the A) Previous year's financial statements B) Opening trial balance C) Chart of accounts / D) Using a firewall words English Canada Recovered pe here to search o i Subtitle Subtle the pas Styles Table 7-1 Below is a list of special journals used by Carla Mart. Read the following five transactions and write the correct journal to use for recording that transaction in the space provided. A. Sales Journal B. Cash Receipts Journal C. Purchases Journal D. Cash Payments Journal E. General Journal 6. Refer to Table 7-1. Purchased furniture by writing cheque #123 to Richards Store, $8,000. Answer: 7. Refer to Table 7-1. Performed services for Dino Inc and received $200 Answer: 8 Answer A