Multiple Choice
Effective exception reporting depends on an accounting information system having the ability to do which of the following?
A) Sequence selected records based on the size of the differences between comparative account balances
B) Select records based on differences between current actual account balances and prior period actual account balances
C) Select records based on differences between actual account balances and the budgeted amount for those accounts
D) All of the above are important for effective exception reporting.
Correct Answer:

Verified
Correct Answer:
Verified
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