Question

An accounting system must be able to a.collect and classify information. b.summarize information. c.report information. d.All of these choices are correct.

Answer 1

Answer:

The answer is D.

Explanation:

The chronological order of Accounting System is:

Collecting of information

Classifying of information

Summarizing of information

Reporting a business financial

and operating information.

You can see all the options are in the chronological order of accounting system. Therefore, all of the above is correct.