Question : An accounting information system processes the financial transactions and events based on -

Option 1: Governing Principles

Option 2: Management Principles

Option 3: Accepted Principles

Option 4: Generally Accepted Accounting Principles

Question : __________ are the end products of the accounting process, which are prepared in accordance with the generally accepted accounting principles.

Option 1: Financial statements

Option 2: Non-financial statements

Option 3: Computerized accounting

Option 4: Both 1 and 3

Question : Under computerized system of accounting, MIS stands for

Option 1: Management Information System

Option 2: Management Invoices System

Option 3: Management Information Sources

Option 4: None of the above

Question : CAS (Computerized Accounting System) is designed to:

Option 1: automate

Option 2: integrate

Option 3: both 1 and 2

Option 4: None of these

Question : Computerized accounting system refers to the processing of accounting transactions through the use of ______.

Option 1: hardware

Option 2: software

Option 3: both 1 and 2

Option 4: none of these