Identify the type of outputs produced by the management information system.a.Projections, query responsesb.Special reports, decision analysesc.Summary reports and those that contain any advese situation that may arise

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Identify the type of outputs produced by the management information system.

Projections, query responses

Special reports, decision analyses

Summary reports and those that contain any advese situation that may arise

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Step 1

Accounting System -

An accounting system is a tool used by accountants to manage and keep track of transactions pertaining to expenses, income, and other organizational financial issues. It enables accountants to produce thorough reports that management uses for decision-making and other reporting needs, as well as to keep track of corporate activities in an organized manner.

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