The process by which a financial transaction is recorded so that its flow through the system can be followed is called:
A)Financial shadowing
B)Managerial trace technique
C)Concatenation
D)An audit trail

Question

Quizplus · Accepted Answer

An audit trail is the correct term for the process by which a financial transaction is recorded to allow its flow through the system to be followed. It provides a documented history of transactions to help track their origin, activity, and whereabouts, ensuring transparency and accountability.

The Process by Which a Financial Transaction Is Recorded So