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Which of the following is false about accounting information system? a. They prevent errors and stop employees from stealing inventory b. They provide reports that
Which of the following is false about accounting information system? a. They prevent errors and stop employees from stealing inventory b. They provide reports that people analyze C. They consist of processes that involve input of data from source documents, processing, output, and storage. d. They are designed to gather data about the company's transactions Z-Mart made a bank deposit on September 30 that did not appear on September's bank statement. In preparing September's bank reconciliation, the company should a. Deduct the deposit from the bank statement balance b. Send the bank a debit memorandum C. Deduct the deposit from September's book balance and add it to October's book balance d. Add the deposit to the book balance of cash e. Add the deposit to the bank statement balance hp?attempt=77881&cmid=87925= Ogi -1C Snow If goods are shipped FOB destination, which of the following is true? a. FOB indicates that a price reduction has been applied to the order. b. Title to the goods will transfer as soon as the goods are shipped. The seller must pay the shipping. d. The seller and the buyer will each pay 50% of the cost
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