A highly automated computerized system of accounting eliminates the need for internal controls.

Name: A highly automated computerized system of accounting eliminates the need for internal controls.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Internal controls are necessary to ensure the accuracy and integrity of financial data, regardless of the level of automation in the accounting system. Any potential errors or fraud risks must be identified and mitigated through a system of internal controls, even in a highly automated system.

A Highly Automated Computerized System of Accounting Eliminates the Need