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The Discovery and Correction of Errors Is Important in a Computerized

Question 181

Essay

The discovery and correction of errors is important in a computerized system. What kinds of errors might occur in these systems? What type
(s) of errors will be prevented in a computerized system?
1. Failing to record transactions.
2. Recording a transaction more than once.
3. Recording a transaction in incorrect accounts.
4. Entering an incorrect number in both the debit and credit parts of the transaction.​With a computerized system, you cannot process a transaction unless debits equal credits. Additionally, you cannot post to the wrong account, as posting occurs automatically.
192. Identify the three main advantages of a computerized accounting system over a manual accounting system.

Correct Answer:

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1. Simplification of the recording proce...

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