Which of the following statements about an accounting information system (AIS) is incorrect ?(CPA adapted)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following statements about an accounting information system (AIS) is incorrect ?(CPA adapted)

a. The information produced by AIS is made available to all levels of management for use in planning and
controlling an organization’s activities.
b. An AIS is best suited to solve problems where there is great uncertainty and ill-defined reporting
requirements.
c. An AIS supports day-to-day operations by collecting and storing data about an organization’s transactions

d.An AIS provides adequate controls to safeguard the assets, to ensure that the assets and data are
available when needed, and to ensure that data/information is accurate and reliable

Expert Solution
Identification of incorrect statement

There are 4 options given with regards to the given concept and one of them is them is incorrect and does not match with the given information.

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