An accounting system that maintains an adequate audit trail is implementing which internal control procedure?
A)access controls
B)segregation of functions
C)independent verification
D)accounting records

Question

Quizplus · Accepted Answer

An accounting system that maintains an adequate audit trail is implementing the internal control procedure of accounting records. Adequate accounting records maintain a trail of all transactions and events, enabling the reconstruction of financial statements in the event of an audit or investigation.

An Accounting System That Maintains an Adequate Audit Trail Is