Which of the following statements is false? a. Most computerized accounting systems use principles from manual systems. b. Subsidiary ledgers and special journals are only useful when a business doesn’t have a large number of similar transactions. c. Even small companies use computerized accounting systems. d. Large companies often integrate their accounting system with their automated business systems

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 is false?

a. Most computerized accounting systems use principles from manual systems.

b. Subsidiary ledgers and special journals are only useful when a business doesn’t have a large number of similar transactions.

c. Even small companies use computerized accounting systems.

d. Large companies often integrate their accounting system with their automated business systems.

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