150k views
3 votes
A lot of the information about an organization's assets that is posted in ledgers is stored in _____ tables.

A. Activity
B. Event
C. Resource
D. Agent

1 Answer

2 votes

Final answer:

B. Event

Information about an organization's assets is stored in Resource tables. This includes data on assets such as cash, inventory, and machinery to help manage financial information for reporting and decision-making.

Step-by-step explanation:

A lot of the information about an organization's assets that is posted in ledgers is stored in Resource tables. The correct answer is C. Resource.

In the context of accounting information systems, different types of tables are used to categorize the vast amounts of data that a company must manage. Resource tables typically contain information about assets that an organization owns, such as cash, inventory, machinery, and buildings.

In contrast, Activity tables would usually record the transactions that affect these resources, Event tables would log business events that pertain to the firm's operations, and Agent tables would include information about individuals or entities that participate in transactions, such as employees or customers.

By using these types of tables, an organization can keep track of its different assets in a resource table, which is crucial for creating financial statements and for strategic decision-making.

A lot of the information about an organization's assets that is posted in ledgers is stored in Resource tables. These tables contain data about the physical and non-physical resources owned by the organization, such as buildings, equipment, inventory, and intellectual property.

User Ezeki
by
7.5k points