According to COSO, an effective accounting system performs all of the following except

A. identifies and records all valid financial transactions
B. records financial transactions in the appropriate accounting period
C. separates the duties of data entry and report generation
D. records all financial transactions promptly


Answer: C

Computer Science & Information Technology

You might also like to view...

The values returned by the _______ method of class Random are actually pseudoran- dom numbers.

a) NextRandom b) Pseudorandom c) Next d) Pseudo

Computer Science & Information Technology

You can add a new field to a table at any time.?

Answer the following statement true (T) or false (F)

Computer Science & Information Technology

A single ____ is simply a convenient method for combining and storing related items under a common name.

a. array b. structure c. string d. instance variable

Computer Science & Information Technology

On a personal level, ________represent a person's core beliefs based on life experiences and they typically guide a person's principles and standards of behavior

Fill in the blank(s) with correct word

Computer Science & Information Technology