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In the development of an accounting system which stage gathers facts that provide a thorough understanding of a business's information requirements and the sources of information?


A) Systems analysis
B) Systems design
C) Systems implementation
D) Systems review

E) A) and D)
F) A) and B)

Correct Answer

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The posting reference column in the general ledger is used to show the source journal for the transaction. Which of the following symbols is commonly used as a posting reference to refer to page 5 of the cash receipts journal?


A) CRJ5
B) 5CR
C) R5
D) C5R

E) A) and B)
F) A) and C)

Correct Answer

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