### Match the Definitions with the Correct TermThis interactive section is designed to help you understand key accounting concepts by matching definitions with the corresponding terms. Below are the definitions presented, and for each one, you can choose the appropriate term from the dropdown list. 1. **A system that collects and processes transaction data and communicates financial information to decision-makers.** - **Options:** - Accounting information system - Accounts payable (creditors') subsidiary ledger - Accounts receivable (customers') subsidiary ledger - Cash receipts journal - Special journals - Control account - Manual accounting system - Purchases journal - Cash payments (cash disbursements) journal - Sales journal - Cybercrime - A group of accounts with a common characteristic2. **A subsidiary ledger that collects transaction data of individual creditors.** - **Options: Similar as above**3. **A subsidiary ledger that collects transaction data of individual customers.** - **Options: Similar as above**4. **A special journal that records all disbursements of cash.** - **Options: Similar as above**5. **A special journal that records all cash received.** - **Options: Similar as above**6. **An account in the general ledger that summarizes subsidiary ledger data.** - **Options: Similar as above**7. **A crime that involves the Internet, a computer system, or computer technology.** - **Options: Similar as above**8. **A system in which someone performs each of the steps in the accounting cycle by hand.** - **Options: Similar as above**9. **A special journal that records all purchases of merchandise on account.** - **Options: Similar as above**10. **A special journal that records all sales of merchandise on account.** - **Options: Similar as above**11. **Journals that record similar types of transactions, such as all credit sales.** - **Options: Similar as above**12. **A group of accounts with a common characteristic.** - **Options: Similar as above**Each dropdown list offers various terms to choose from. Select the term that best fits each definition to test your understanding of these accounting concepts.

Financial informations are the informations which is measured in monetary term and these are the critical and important information which needs to be reported by the accountant.The correct answer is Accounting information system. Accounting information system is as system which collect information, process them, organise it and provide or communicate the result to the decision makers.