Question: Accounting information systems have five generic elements. Which of the following would most appropriately be labeled storage within the context of the sales / collection

Accounting information systems have five generic elements. Which of the following would most appropriately be labeled "storage" within the context of the sales

/

collection process?

.

Neither a paper file of outstanding customer invoices nor an electronic database of sales transactions

.

Both a paper file of outstanding customer invoices and an electronic database of sales transactions

.

An electronic database of sales transactions

.

A paper file of outstanding customer invoices

Accounting information systems have five generic elements. Which of the following

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KEY QUESTION Refer to Figure 3.6, page