ACCOUNT 115 Study guides, Class notes & Summaries
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ACCOUNT 115 TEST BANK FOR Bachelor of Science in Management Accounting complete exam solution Ilocos Sur Polythecnic State College
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ACCOUNT 115 TEST BANK FOR Bachelor of Science in Management Accounting complete exam solution Ilocos Sur Polythecnic State College 
Chapter 1—The Information System: An Accountant’s Perspective 
 
 
TRUE/FALSE 
 
1.	Information is a business resource. 
 
 
2.	An information system is an example of a natural system. 
 
 
3.	Transaction processing systems convert non-financial transactions into financial transactions. 
 
 
4.	Information lacking reliability may still have value. 
 
 
5.	A ba...
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