As a form of internal control, information technology is most likely to prevent which of the following types of errors?
A) Debiting the wrong account in a journal entry.
B) Crediting the wrong account in a journal entry.
C) Posting "39" instead of "93".
D) Using human judgment inefficiently.
Correct Answer:
Verified
Q12: One difference between accounting and bookkeeping is:
A)
Q13: In the accounting cycle, which step immediately
Q14: Common internal controls associated with source documents
Q15: Which of the following accounting cycle steps
Q16: Which of the following describes a difference
Q18: Which of the following best explains "transaction
Q19: Accounting is often confused with:
A) Bookkeeping.
B) Finance.
C)
Q20: Interpreting accounting rules involves:
A) Understanding the accounting
Q21: Information technology can be used in: (i)
Q22: Which of the following tasks would most
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents