Indicate whether the following statements are true or false. 1.   A computerized accounting system must be customized to meet a company’s needs.   select an option                                                           TrueFalse 2.   Small companies generally use entry-level programs rather than ERP systems.   select an option                                                           TrueFalse 3.   A manual accounting system provides more timely financial information than a computerized system.   select an option                                                           TrueFalse

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Indicate whether the following statements are true or false.

1.  
A computerized accounting system must be customized to meet a company’s needs.
  select an option                                                           TrueFalse
2.  
Small companies generally use entry-level programs rather than ERP systems.
  select an option                                                           TrueFalse
3.  
A manual accounting system provides more timely financial information than a computerized system.
  select an option                                                           TrueFalse
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