The use of computerized accounting systems ________. Reduces the pressure on managers in making financial decisions. Makes it possible for most firms to operate without the expense of hiring or consulting with accountants. Allows firms to generate financial information almost instantly and whenever the organization needs it. Creates an environment in which accounting has become nothing more than glorified bookkeeping, as all accountants are required to do is enter data into the system and monitor the results the program generates

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20-04-2022
Business

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The use of computerized accounting systems ________. Reduces the pressure on managers in making financial decisions. Makes it possible for most firms to operate without the expense of hiring or consulting with accountants. Allows firms to generate financial information almost instantly and whenever the organization needs it. Creates an environment in which accounting has become nothing more than glorified bookkeeping, as all accountants are required to do is enter data into the system and monitor the results the program generates

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The use of computerized accounting systems allows firms to generate financial information almost instantly and whenever the organization needs it.

What is an accounting system?

An accounting system makes use of a computerized system to manage a business or companies account.

It keeps and monitors all accounting record for easy tracking of income, expenses, and other financial activities.

Therefore, The use of computerized accounting systems allows firms to generate financial information almost instantly and whenever the organization needs it.

Learn more on accounting system here,

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