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Which of the following statements is false? Transaction-based accounting information systems ignore the relationships between business events and processes. Transaction-based accounting information systems record only

image text in transcribed Which of the following statements is false? Transaction-based accounting information systems ignore the relationships between business events and processes. Transaction-based accounting information systems record only accounting transactions. Transaction-based accounting information systems are no longer used in business settings. Transaction-based accounting information systems ignore nonfinancial data

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