Which of the following is true of the comparison between a manual and a computerized accounting information system?

A.

In both manual and computerized systems, reports and financial statements must be created using Word documents, Excel spreadsheets, or PowerPoint.

B.

In a manual system, data are contained in paper documents, which are often stored in filing cabinets and off-site document warehouses; whereas in a computerized system, data are stored on a main computer called a server.

C.

In both manual and computerized systems, processing data includes manually journalizing transactions and posting to the accounts.

D.

In a computerized system, the software can generate financial reports instantaneously that can never be manipulated.