With regard to segregation of duties, rule one is that transaction authorization and transaction processing should be separated. What does this require in the revenue cycle?
What will be an ideal response?
Within the revenue cycle, the credit department is separate from the rest of the process. Hence, the authorization of the transaction (granting of credit) is independent. If other people, e.g., sales staff, were able to authorize credit sales, there would be the temptation to approve sales to any customer, even those known to not be credit worthy.
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Which of the following statements is false?
a. Many applications require precise representation of numbers with decimal points. b. Financial institutions like banks that deal with millions or even billions of transactions per day have to tie out their transactions “to the penny.” Float-ing-point numbers can represent some but not all monetary amounts with to-the-penny precision. c. For monetary calculations and other applications that require precise repre-sentation and manipulation of numbers with decimal points, the Python Stand-ard Library provides type Decimal, which uses a special coding scheme to solve the problem of "to-the-penny precision." Banks also have to deal with other issues such as using a fair rounding algorithm when they’re calculating daily interest on accounts. Type Decimal offers such capabilities. d. Floating-point values are stored and represented precisely in binary format.
A _____ document contains no syntax errors and satisfies the general specifications for XML code.
A. synthesized B. compound C. checked D. well-formed
Excessive smiling might indicate ________
a. Lack of seriousness b. Friendliness and warmth c. Both d. None of the above
Show how to use Java reflection to construct the client proxy class for the Election interface. Give the details of the implementation of one of the methods in this class, which should call the method doOperation with the following signature:
What will be an ideal response?