Question

Which of the following describes a computerized accounting process for updating the company's ledger?

A) Manual Recording
B) Ledger Digitization
C) Spreadsheet Analysis
D) Computerized Bookkeeping

Answer 1

Computerized bookkeeping involves using accounting software to record financial transactions and update the company's ledger automatically. The answer is option D.

Step-by-step explanation:

The correct answer is Computerized Bookkeeping. Computerized bookkeeping involves using accounting software to record financial transactions and update the company's ledger automatically.

This process eliminates the need for manual recording (option A) and allows for more accurate and efficient management of financial information. Spreadsheet analysis (option C) may be a part of the computerized bookkeeping process, but it does not specifically describe the process of updating the ledger. Ledger digitization (option B) is not a common term associated with computerized accounting processes.