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Positive Impact of Urbanisation

Accounting in...

Question

Accounting information system identifies, collects, processes, and communicates economic information about an entity to a wide variety of users.

A

True

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B

False

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Solution

The correct option is A True
Accounting Information System (AIS) identifies, collects, processes, and communicates economic information about an entity to a wide variety of users. Such information is organised in a manner that correct decisions can be based on it.

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