After posting transactions to the general ledger accounts, the sum of the accounts with debit balances should equal the sum of the accounts with credit balances.
Answer the following statement true (T) or false (F)
True
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Which of the following statements related to journal vouchers is false for most ERP systems?
a. The person completing the adjustment will enter it directly into the computer. b. The voucher will be electronic. c. Journal voucher should be signed by the person(s) authorized to initiate the entry. d. To provide an adequate audit trail, a printed copy of journal vouchers is required.
A computer operator was in a hurry and accidentally used the wrong master file to process a transaction file. As a result, the accounts receivable master file was erased. Which control would prevent this from happening?
a. header label check b. expiration date check c. version check d. validity check
Values-based leaders tend to elicit which of the following from employees?
A. increased commitment B. increased turnover C. increased burnout D. increased church membership
If an individual sees through obstacle laden exterior of challenges, they are engaging in what type of thinking?
a. Desirable pattern of thinking b. Undesirable pattern of thinking c. Obstacle thinking d. Behavior thinking