Which of the following would not be used as a control account?   a. Accounts receivable   b. Accounts payable   c. Plant and equipment   d. Sales on account   e. Inventory  Please explain your answer

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Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.