Question

All of the following is an advantage of a computerized accounting system when compared to a manual system except that_____. a. computerized systems provide management with current account balance information to support decision making.b. computerized systems record transactions in electronic journals and post them to general and subsidiary ledger accounts to simplify the record-keeping process.c. computerized systems are generally more accurate than manual systems.d. none of these choices are correct.

Answer 1

Answer:

Options A,B and C are correct as a computerized accounting system performs three functions highlighted.

Explanation:

One entry into a computerized accounting system triggers all other required postings,if the input is correct,every other thing is accurate,thereby making output of a computerized system more reliable and accurate than manual system

Besides,management can access live balances from computerized accounting system which aids decision making process.

Above all,the journals posted in computerized is enough to update general and subsidiary ledgers through  to financial statements.