Which one of the following statements about an accounting information system (AIS) is incorrect?
The information produced by AIS is made available to all levels of management for use in planning and controlling an organization's activities.
An AIS supports day-to-day operations by collecting and storing data about an organization's transactions.
An AIS is often referred to as a transaction processing system.
An AIS is best suited to solve problems where there is great uncertainty and ill-defined reporting requirements.
Choice "D" is correct. An AIS is best suited to solve problems where there is certainty and clearly defined reporting requirements.Choices "b", "a", and "c" are incorrect. All are correct statements regarding an AIS.
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