If a company chooses to use computer-based accounting,which of the following is required?
A)A standalone system that is dedicated to payroll processing.
B)Regularly scheduled software updates.
C)Certification by a CPA prior to use for payroll processing.
D)Certification and bonding of payroll personnel.

Question

Quizplus · Accepted Answer

Regularly scheduled software updates are required for computer-based accounting to ensure that the system is up-to-date and functioning properly. A standalone system dedicated to payroll processing, certification by a CPA prior to use for payroll processing, and certification and bonding of payroll personnel may be necessary for payroll processing specifically, but they are not required for computer-based accounting as a whole.

If a Company Chooses to Use Computer-Based Accounting,which of the Following