Question 15
What is the primary electronic transaction and document control used in e-commerce ?
Question 16
Separation of duties falls under which of the following internal control element
Question 17
Generally , the best way to prevent fraud in e-business settings is to focus on :
Question 18
Phillips Corp . purchased raw materials with a catalog price of $ 60,000 . Credit terms of 3 / 15 , n / 60 apply . If Phillips uses the net price method , the purchase should be recorded at
Question 19
The purchases discounts taken account may appear in the accounting records if which one of the following methods is used to account for purchase discounts ?
Question 20
The cost of goods sold can be determined only after a physical count of inventory on hand under the
Question 21
An American company purchasing goods from a foreign supplier has to account for differences in currencies . This process is made easier
Question 22