127.Match the following terms with the appropriate definitions. 1. The special journal used to record all receipts of cash. 7 2. The component of an accounting system that captures source...





127.Match the following terms with the appropriate definitions.






1. The special journal used to record all receipts of cash. 7



2. The component of an accounting system that captures source document information and enables its transfer to the information processor. 3. An information system principle requiring that an accounting system report useful, understandable, timely, and pertinent information for decision making. 4. The special journal used to record all purchases made on account. 5. The component of an accounting system that keeps data in a form accessible to information processors. 6. The special journal that is used to record all cash payments. 7. The means of collecting and processing data from transactions and events, organizing them into useful reports, and communicating results to decision makers. 8. An information system principle that prescribes that an accounting system have methods and procedures allowing managers to control and monitor business activities. 9. The component of an accounting system that is the means to take information from an accounting system and make it available to users. 10. A record of the separate accounts of each supplier that supports its general ledger controlling account.



May 15, 2022
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