Author Question: The flow of financial data through the accounting information system does NOT include a. analyzing ... (Read 92 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?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library