Author Question: The general ledger system of an organization should be designed to serve the information ... (Read 55 times)

sheilaspns · **on:** Apr 8, 2019

Question 1

Which of the following user groups generally receive information produced by the general ledger and reporting system?
◦ internal users
◦ external users
◦ inquiry processing by internal or external users
◦ All of these

Question 2

The general ledger system of an organization should be designed to serve the information requirements of both internal and external users. This means that the system should support
◦ producing expansive regular periodic reports to cover all information needs.
◦ the real-time inquiry needs of all users.
◦ producing regular periodic reports and respond to real-time inquiry needs.
◦ access by investors and creditors of the organization to general ledger balances.

CharlieArnold · **Reply #1 on:** Apr 8, 2019

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