Multiple Choice
An electronic processing system can be used
A) only in a batch environment.
B) with real-time, on-line processing.
C) in either a batch or real-time, on-line processing environment.
D) in situations where documentation is not a priority.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Editing as a function may be placed
Q3: In a general ledger accounting system,the link
Q4: Using son-father-grandfather retention,if the old master file
Q5: When preparing the transaction file,occasional data editing
Q6: There are two major EDI phases.
Q7: Electronic data entry<br>A) requires no human intervention.<br>B)
Q8: Errors in the keying operation can be
Q9: The compensating control for the loss of
Q10: Tagging occurs when additional,audit-oriented information is included
Q11: When preparing the transaction file in a