Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

True or False _____1. There are only two components to an AIScomputer hardware and computer software. ______2. A turnaround document is a source document such

True or False

_____1. There are only two components to an AIScomputer hardware and computer software.

______2. A turnaround document is a source document such as a utility bill that is prepared by a company, sent to a customer, and returned for further processing.

______3.The technology commonly used to read turnaround documents is OCR.

______4. OCR is an acronym that stands for "optimal computer resources."

______5. The acronym ATM is a technology often used by banks that stands for "automated transmission method."

______6. Data transcription in AISs is labor intensive and is prone to introduce errors into accounting data.

______7.A printer is an example of an input device.

______8.A source document could be electronic, such as booking an airline reservation online.

______9.Equipment that surrounds a computer and assists it with input and output tasks is called "peripheral equipment."

______10. An example of a source document is a direct electronic payroll transfer into an employee's checking account.

______11. Integrated accounting software is mostly available to midsize and large-sized firmsnot small businesses.

______12. An example of an integrated accounting software package are various versions of Quickbooks.

______13.The availability of cloud services is available in accounting packages developed for medium and larger companies, but not available in packages developed for small businesses.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey Of Accounting

Authors: Thomas Edmonds, Philip Olds, Frances McNair, Bor-Yi Tsay

1st Edition

0073526770, 9780073526775

More Books

Students also viewed these Accounting questions