Multiple Choice
A computerized accounting system will not allow anyone to enter data that puts the accounting equation out of balance.This control is primarily designed to prevent ________.
A) errors in recording and updating the financial accounting information
B) unauthorized access to the financial accounting records
C) loss of the data in the financial accounting records
D) the risk of incorrect acceptance
Correct Answer:

Verified
Correct Answer:
Verified
Q53: Indicate which financial statement would report the
Q54: The employees of Dew Drop Inn get
Q55: On January 1,2011,Swinger,Inc.purchases a batting machine for
Q56: How much interest will accrue over three
Q57: A computerized accounting system requires users to
Q59: Match the following terms with the appropriate
Q60: Which financial statement shows accumulated depreciation?<br>A)income statement<br>B)balance
Q61: Sure Enuf,Inc.paid $4,800 on May 1,2012 for
Q62: For each event,determine the amount of expense
Q63: Ima Hogg wants to borrow money to