Author Question: The flow of financial data through the accounting information system does NOT include a. analyzing ... (Read 37 times)

K@

  • Hero Member
  • *****
  • Posts: 608
The flow of financial data through the accounting information system does NOT include
 a. analyzing transactions.
   b. journalizing and posting transactions.
   c. preparing a trial balance.
   d. receiving payment for all accounts receivable.

Question 2

A responsibility center is a part, segment, or subunit of an organization, whose manager is accountable for a specified set of activities.
 
  Indicate whether this statement is true or false.



joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

d

Answer to Question 2

Answer: TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library