A computerized accounting system can be designed to verify some of the following information before completing a sales transaction

A) customer name, credit limit, sales authorization
B) creditor name, credit limit, invoice amount
C) customer name, purchase amount, email address
D) creditor credit limit, salesman number, invoice amount


A

Business

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The auditor is most likely to verify accrued commissions payable in conjunction with the:

A. verification of employees. B. examination of trade accounts payable. C. sales cutoff review. D. review of post balance sheet date disbursements.

Business

The proportion of world trade accounted for by Latin America has evidenced ____ since 1980.

A. a tripling B. an overall decline C. an increase of 20 percent D. more than a fivefold increase E. no change

Business

When processing a check, Platinum Bank encodes information, such as the amount of the check, on the item. Platinum thereby warrants to any subsequent bank or payor

A. the item has been returned to the drawer. B. nothing. C. the check has been processed manually. D. the encoded information is correct.

Business

According to the text, this activity represents an extension of the make-or-buy decisions of earlier eras.

A. JIT B. Offshoring C. Quality circles D. Outsourcing E. Supply chain management

Business