Which statement is not correct?
A) only successful transactions are recorded on a transaction log
B) unsuccessful transactions are recorded in an error file
C) a transaction log is a temporary file
D) a hardcopy transaction listing is provided to users
Correct Answer:
Verified
Q88: An example of a hash total is
A)total
Q92: Methods used to maintain an audit trail
Q95: Run-to-run control totals can be used for
Q96: Which of the following is not an
Q97: Which of the following is not an
Q98: Which check is not an input control?
A)reasonableness
Q101: Distinguish between exposure and risk.
Q102: Which of the following is an input
Q114: Identify to indicate whether each procedure is
Q119: What are the five internal control components
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