Multiple Choice
Information storage databases:
A) Capture information from source documents.
B) Are relied on by auditors of the financial statements.
C) Need not be accessible once data is processed.
D) Should not be cloud based.
E) Eliminate the need for professional judgment.
Correct Answer:
Verified
Correct Answer:
Verified
Q64: The difference in the sales journal between
Q65: _are links among computers giving different users
Q66: Explain the purposes, types, and uses of
Q67: If a company purchases $15,200 of merchandise
Q68: When a company uses special journals, the
Q70: Which of the following journals would a
Q71: The _ principle requires that an accounting
Q72: Using _ ledgers, that store transaction data
Q73: _processing of transactions enters and processes data
Q74: Doughton Furniture Company purchased merchandise on credit