Answered: which is true about vendor files? A.…

which is true about vendor files? A. They must be cleaned on a daily basis B. They can be in electronic or paper form C. They do not need maintenance D. Duplicate records do not need to be removed

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.

Question

which is true about vendor files?

A. They must be cleaned on a daily basis

B. They can be in electronic or paper form

C. They do not need maintenance

D. Duplicate records do not need to be removed

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