Why is the audit trail important?
The audit trail is used to track transactions from the source document to the financial statements and vice versa. Accountants use the audit trail to correct errors, answer queries, and perform audits.
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Someone whose word is untrue and unreliable risks _____________________, either personal or legal
a. disclosure and sanctions b. an audit c. a bad reputation at work d. missing opportunities
A difficulty associated with the equal store organization is that quantity discounts and buying power advantages are lost due to decentralized buying in branch locations
Indicate whether the statement is true or false
According to West (2008) a sales team or a team of consultants is known as what type of team?
a. Advice and Involvement Team b. Action and Negotiation Team c. Project and Development Team d. Production and Service Team
Insufficient capacity will result in ______.
a. additional costs of idle resources b. poor service quality c. customer satisfaction d. higher response rate