Which of the following statements is false? a. Even small companies use computerized accounting systems. b. Most

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Which of the following statements is false?

a. Even small companies use computerized accounting systems.

b. Most computerized accounting systems use principles from manual systems.

c. Subsidiary ledgers and special journals are only useful when a business doesn’t have a large number of similar transactions.

d. Large companies often integrate their accounting system with their automated business systems.

Related Book For answer-question

Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Posted Date: Mar 12, 2022 02:00 PM

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Which of the following statements is false? a. Even small companies use computerized accounting systems. b. Most

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The answer is option C which is Subsidiary ledgers and special journals are only useful when a bu... View the full answer

Accounting concepts and applications

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