List the five basic components of accounting information systems and give an example of each.
What will be an ideal response?
The five basic components of accounting information systems are
1. Source documents such as invoices, bank statements, checks, and employee earnings records.
2. Input devices such as keyboards, scanners, and cameras.
3. Information processors such as journals, ledgers, working papers, and posting procedures.
4. Information storage such as computer hard drives, cloud storage, and paper document files.
5. Output devices such as printers, monitors, projectors, and web communications.
Students should list one example from the list of several indicated.
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