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Author Question: The flow of financial data through the accounting information system does NOT include a. analyzing ... (Read 88 times)

K@

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on: Jul 5, 2018
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

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

Answer: TRUE


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