A computerised accounting system is an accounting information system that processes the ______ to produce reports as per user requirements.
A
financial transactions and events
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B
cost transactions and events
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C
management transactions and events
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D
None of the above
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Solution
The correct option is A financial transactions and events A computerized accounting system is an accounting information system that processes financial transactions and events as per the Generally Accepted Accounting Principles (GAAP) to produce reports for user requirements.