1. Which of the following statements is false? a.Subsidiary ledgers and special journals are only useful when a business doesn't have a large number of similar transactions. b.Even small companies use computerized accounting systems. c.Large companies often integrate their accounting system with their automated business systems. d.Most computerized accounting systems use principles from manual systems.
1. Which of the following statements is false? a.Subsidiary ledgers and special journals are only useful when a business doesn't have a large number of similar transactions. b.Even small companies use computerized accounting systems. c.Large companies often integrate their accounting system with their automated business systems. d.Most computerized accounting systems use principles from manual systems.
Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter6: Professional Accounting In The Public Interest
Section: Chapter Questions
Problem 15.11EC
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1. Which of the following statements is false?
a.Subsidiary ledgers and special journals are only useful when a business doesn't have a large number of similar transactions.
b.Even small companies use computerized accounting systems.
c.Large companies often integrate their accounting system with their automated business systems.
d.Most computerized accounting systems use principles from manual systems.
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