A clerk receives checks and customer receipts in the mail. He endorses the checks, fills out the deposit slip, and posts the checks to the cash receipts events data. The clerk is exercising which functions?
A) recording and executing events
B) authorizing and executing events
C) recording and authorizing events
D) safeguarding of resources and authorizing events

Question

Quizplus · Accepted Answer

The clerk is involved in recording (posting checks to the cash receipts events data) and executing events (endorsing checks and filling out the deposit slip), which are key functions in transaction processing.

A Clerk Receives Checks and Customer Receipts in the Mail