The financial data on the financial reports is built or generated on the base of A. Single entry accounting system B. Manual dual data system C. Double entry system D. Excel spread sheet data entry system

The financial data on the financial reports is built or generated on the base of A. Single entry accounting system B. Manual dual data system C. Double entry system D. Excel spread sheet data entry system

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 3.4C

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Concept explainers

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.

Question

The financial data on the financial reports is built or generated on the base of

A.
Single entry accounting system

B.
Manual dual data system

C.
Double entry system

D.
Excel spread sheet data entry system

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