What type of accounting system is likely to be less expensive to use due to its mass production?

Prepare for the WGU ACCT3360 D217 Accounting Information Systems Exam. Utilize our comprehensive study resources featuring flashcards, multiple-choice questions, and detailed explanations. Get exam-ready efficiently and effectively!

The correct choice is general accounting systems, which are typically less expensive to implement and maintain due to their mass production. These systems are designed to serve a wide range of businesses and industries, making them widely available and cost-effective. Because they are produced on a larger scale, they can benefit from economies of scale, which reduces individual costs.

General accounting systems offer standardized features and functionalities that can meet the needs of many organizations without the higher price tag associated with customized solutions. Their widespread use means that they often have a larger support community and readily available resources, further enhancing their cost-effectiveness.

In contrast, options such as turnkey systems and special-purpose systems may provide specialized capabilities but often come with higher costs due to their tailored nature and the specific requirements they address. Backbone systems, while potentially sophisticated, also may not achieve the same cost-effectiveness as general accounting systems because they often cater to larger or more complex organizations.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy