As computerized accounting systems get more and more complex and integrated:
A) The level of authorization for posting gets higher in the level of responsibilities.
B) The level of authorization for posting has not changed.
C) The level of authorization for posting gets lower in the level of responsibilities.
D) More levels of authorization are required.
Correct Answer:
Verified
Q43: Closing entries are:
A)Journalized in all of the
Q44: Select the correct statement from the following:
A)If
Q45: Sales and sales returns can affect which
Q46: When a transaction occurs in a business,
Q47: The sales journal would have columns for
Q49: Posting to the general ledger occurs:
A)As the
Q50: Select the correct statement from the following:
A)The
Q51: Today's automated accounting process:
A)Is built on a
Q52: In the case of a manual accounting
Q53: Special journals are:
A)Utilized for infrequent special journal
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