The audit trail lists:
A. User ID of person entering transactions
B. All changes to transactions
C. All deleted transactions
D. All the choices are correct
Answer: D
You might also like to view...
Suppose the exchange rate between the Japanese yen and the U.S. dollar is 100 yen per dollar. A Japanese stereo with a price of 60,000 yen will cost
a. $60. b. $600. c. $6000. d. $5000.
Presented below is the operating activities section of the statement of cash flows for Golden Consulting for 2016: Operating activities: Net income $ 92,000 Add: Depreciation 20,000 Decrease in accounts receivable 8,000 $120,000 Deduct: Decrease in accounts payable (6,000) Net cash inflow from operating activities $114,000 Which method of preparing the operating activities section has Golden
Consulting used? a. The direct method. b. The indirect method. c. Either method. d. Cannot be determined without further information.
Answer the following statements true (T) or false (F)
1. A budget is the funds allocated to operate a unit for a fixed period. 2. Standing plans are developed for handling non-repetitive situations. 3. Contingency plans are alternative plans to be implemented if controllable events occur. 4. Procrastination generally leads to increased stress levels. 5. Research indicates that most people are fairly skilled multitaskers.
The use of direct channels in business marketing has increased dramatically in the past decade with the introduction of various Internet buying and selling schemes
Indicate whether the statement is true or false a. True b. False