Question: Item 6 5 points Item 6 Using computers to post information from journals to the ledger instantaneously has the benefit of Multiple Choice less scrutiny

Item6
5points
Item 6
Using computers to post information from journals to the ledger instantaneously has the benefit of
Multiple Choice
less scrutiny from agencies such as the Internal Revenue Service.
quick access to financial information.
shifting financial decision-making from people to programmed technology.
reducing the number of accountants required by the firm.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Using computers to post information from journals to the ledger instantaneously has the benefit of Multiple Choice reducing the number of accountants required by the firm. less scrutiny from agencies...

Q:

Using computers to post information from journals to the ledger instantaneously has the benefit of Multiple Choice reducing the number of accountants required by the firm. O less scrutiny from...

Q:

Using computers to post information from journals to the ledger instantaneously has the benefit of Multiple Choice reducing the number of accountants required by the firm. less scrutiny from agencies...

Q:

Riley and Gretchen run a shuttle service from Times Square to New York's JFK airport. Last month, they recorded the following: Riley and Gretchen's gross profit for the past month was $682.00...

Q:

Practice Exam. Need help finishing the attach file. Took it already but having trouble finding out what I got wrong Dr. Christine Jonick, Professor of Accounting, University of North Georgia 2013...

Q:

Practice Exam. Need help finishing the attach file. Took it already but having trouble finding out what I got wrong Dr. Christine Jonick, Professor of Accounting, University of North Georgia 2013...

Q:

Please answer all of the following questions. Chapter 4 questions Question 1 The Accounting Cycle - How do the different steps affect the financial statements? What is the effect on the financial...

Q:

Part I : There are many external users of the financial accounting information about a company. Investors, creditors, authorities, vendors, employees, and customers may all be impacted by the...

Q:

I am having troubles doing this comparison of two companies. Im over thinking the work and need to get it simplified. I did most of the work just need you to check it over. Go to the Course Resources...

Q:

I am struggling to do the proper computations for some simple accounting. After i get this down, i will produce a paper on the importance of each number i solved for. Can someone please help me...

Q:

A monopolist sells good Q and demand is Q = 10 P, where P is price. The firm must choose to produce Q = 1, 2, 3 or 4 units of output. Assume that MC is $2.95. In this case, the optimal Q* for the...

Q:

Al Marai Company uses 2 processes to manufacture fruit juices namely Mixing and packing. The output from process mixing becomes input for packing. Al Maria requests you to prepare process accounts...

Q:

22. Which of the following is a test for the presence of water? (a) turns blue litmus paper red (b) turns blue cobalt chloride paper pink (c) turns pink cobalt chloride paper blue (d) turns red...

Q:

Solve B. 6a2-23a +20. a +2 2a2-a-10 2a-5