Question : Under computerized accounting system, GAAP stands for _____________.
Option 1: Generally Accepted Accounting Principles
Option 2: Gently Accepted Accounting Principles
Option 3: Generally Accepted Academic Principles
Option 4: Generally Accepted Accounting Process
Correct Answer: Generally Accepted Accounting Principles
Solution : GAAP stands for Generally Accepted Accounting Principles. Hence, the correct option is 1.
Question : An accounting information system processes the financial transactions and events based on -
Question : __________ are the end products of the accounting process, which are prepared in accordance with the generally accepted accounting principles.
Question : Under computerized system of accounting, MIS stands for
Question : CAS (Computerized Accounting System) is designed to:
Question : Computerized accounting system refers to the processing of accounting transactions through the use of ______.
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