Respond to the following in a minimum of 175 words:
A component of an accounting system is one part that helps the entire system accumulate financial data, translate the data into worthwhile information, and then communicate the information to the necessary users.
Briefly explain the five main components of an accounting system.
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In a minimum of 175 words, respond to the following:
A component of an accounting system is a component that assists the entire system in collecting financial data, converting the data into useful information, and communicating the information to the appropriate users.
Explain briefly the five main components of an accounting system.
