Multiple Choice
General ledger employees should record journal vouchers, but they should not:
A) Have recording responsibility for any special journals or subsidiary ledgers
B) Authorize journal vouchers
C) Have custody of assets
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q75: Closing entries are:<br>A)Journalized in all of the
Q76: The account that a manufacturing operation and
Q77: IT controls over computer records and physical
Q78: Corporations with complex IT systems:<br>A)May automate their
Q79: When management designs and implements effective administrative
Q81: Today's automated accounting process:<br>A)Is built on a
Q82: The sales journal would have columns for
Q83: Within the conversion processes, systems and controls
Q84: By maintaining a well-defined, complete chart of
Q85: Today's automated accounting process:<br>A)Helps the user by