MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following is not a special journal: A) Cash receipts journal. B) Purchases journal. C) Sales journal. D) Cash disbursements journal. E) General journal. 2) Which of the following statements regarding accounting information systems is not true? A) Accounting information systems collect and process data from transactions and events. B) Accounting information systems organize data in useful forms. C) Accountin D) Accounting information systems are not subject to internal control policies. E) Accounting information systems are useful to effective decision making. g information systems communicate information to business decision makers. 3) The five fundamental principles of accounting information systems are: A) Control, accountability, relevance, compatibility, and flexibility. B) Control, relevance, compatibility, flexibility, and cost-benefit. C) Control, relevance, compatibility, flexibility, and safety D) Historical cost, relevance, compatibility, timeliness, and cost-benefit. E) Historical cost, relevance, compatibility, flexibility, and cost-benefit. 4) Which of the following is not a feature of special journals? A) They allow posting of amounts as column totals rather than as individual amounts B) They produce an efficient division of labor. C) They are efficient tools in helping journalize and post transactions. D) They eliminate the need for a general journal. E) Good system design could collapse sales and cash receipts into one journal to better suit a business. 5) A subsidiary ledger that contains a separate account for each supplier (ereditor) to the company is a(n) A) Special journal. B) Accounts payable ledger. C) General ledger. D) Controlling account. E) Accounts receivable ledger. 6) Assume that a company uses special journals for sales, purchases, cash receipts, and cash disbursements. sales return for credit on account would be recorded in the: A) Sales journal. B) Direct posting journal. C) General journal. D) Cash disbursements journal. E) Cash receipts journal