Question: Which statement is not true of computerized accounting systems? Question 9 Answer a . QuickBooks is reported to have approximately 7 5 percent of the

Which statement is not true of computerized accounting systems?
Question 9Answer
a.
QuickBooks is reported to have approximately 75 percent of the market for accounting systems for small U.S. businesses.
b.
All systems have a cost attached with the cheapest system being about $10 per month.
c.
All of the systems will produce financial reports that meet legal requirements for content and format.
d.
The market for computerized accounting programs for small businesses is in a state of turmoil.Which statement is not true of computerized accounting systems?
Question 9Answer
a.
QuickBooks is reported to have approximately 75 percent of the market for accounting systems for small U.S. businesses.
b.
All systems have a cost attached with the cheapest system being about $10 per month.
c.
All of the systems will produce financial reports that meet legal requirements for content and format.
d.
The market for computerized accounting programs for small businesses is in a state of turmoil.

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