Which of the following best describes the relationship between accounting information systems and accounting standards? (a) Accounting

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Which of the following best describes the relationship between accounting information

systems and accounting standards?

(a) Accounting information systems must comply with all accounting standards.

(b) Accounting standards dictate the way an accounting information system must store and handle financial data.

(c) Accounting information systems that recognise and comply with accounting standards are advantageous for tax purposes.

(d) There is no direct relationship between accounting standards and accounting information systems.

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