To safeguard a business's assets and reduce the likelihood of fraud and errors,its accounting information system ________.
A) should be manual
B) must be flexible to accommodate changes in a business over time
C) should work smoothly with the business's employees
D) must provide adequate controls of a business's assets and data

Question

Quizplus · Accepted Answer

Adequate controls are necessary to safeguard a business's assets and reduce the likelihood of fraud and errors. Therefore, the accounting information system must provide adequate controls of a business's assets and data. A manual system may be more prone to errors and fraud than a computerized system. While flexibility and smooth employee interaction are also important, they are not as critical as having adequate controls.

To Safeguard a Business's Assets and Reduce the Likelihood of Fraud