Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements) about the history of transaction processing isare) true? (Check all that apply. When computers were invented, we digitized journals and

Which of the following statements) about the history of transaction processing isare) true? (Check all that apply.
When computers were invented, we digitized journals and ledgers and created transaction files and master files that did the job of paper. based journals and ledgers.
Originally, people kept track of transactions using a single-entry accounting system
When the number of master files proliferated, we combined multiple files into databases, which have grown much smaller and simpler
We used double bookkeeping systems with journals and ledgers and paperbased financial reports hundreds of years.

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

Be Audit You Can Be

Authors: Awesome Auditor

1st Edition

1659095700, 978-1659095708

More Books

Students also viewed these Accounting questions

Question

a. When did your ancestors come to the United States?

Answered: 1 week ago

Question

d. What language(s) did they speak?

Answered: 1 week ago

Question

e. What difficulties did they encounter?

Answered: 1 week ago