Question : Under computerized system of accounting, MIS stands for
Option 1: Management Information System
Option 2: Management Invoices System
Option 3: Management Information Sources
Option 4: None of the above

Question

Question : Under computerized system of accounting, MIS stands for

Option 1: Management Information System

Option 2: Management Invoices System

Option 3: Management Information Sources

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Management Information System

Solution : Under computerized system of accounting, MIS stands for Management Information System. Hence, the correct option is 1.

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Question : Under computerized system of accounting, MIS stands forOption 1: Management Information SystemOption 2: Management Invoices SystemOption 3: Management Information SourcesOption 4: None of the above

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Question : Under computerized system of accounting, MIS stands for
Option 1: Management Information System
Option 2: Management Invoices System
Option 3: Management Information Sources
Option 4: None of the above

Question : Statement 1: In management accounting, data from cost accounting and financial accounting are both used.
Statement 2: Therefore, a suitable system is required to combine cost accounts and financial accounts.

Question : Statement 1: By integrating and automating all business processes, computerised accounting system benefits all firms.
Statement 2: These tasks could include production, inventory management, sales, and financing.