Give one example of an error that is detected by a check digit control
Check digits can effectively be used to determine that all of the numbers in a numeric data stream were entered. This method involves adding up the numbers in the data stream in order to determine the check digit. Consider the following number, 789 . The check digit would be: 7 + 8 + 9 = 24 = 6 . If a 7, an 8, and a 9 are not entered, then chances are that the check digit will be incorrect. This method will not detect a transposition error. For example, if 879 were entered, the check digit would still be 6
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Prepare the journal entry to close the expense accounts. Omit explanation.
An adjusted trial balance for a merchandiser is given below.
Internet recruiting generates a high number of applicants and increases the work of HR staff far beyond traditional recruiting methods.
Answer the following statement true (T) or false (F)
Which of the following best describes the implementation phase of the systems development life cycle?
A. The new system is developed, tested, and placed into production. B. Upgrades to the operational system are installed and tested. C. Detailed specifications are laid out for the new system, including screen layouts and business process diagrams. D. The company conducts a variety of feasibility studies on the new system.
Most financial statement analysis aims to assess a firm's ____________________ and ____________________
Fill in the blank(s) with correct word