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Question 10
The results of an internal audit finds that there is a problem
with inaccurate time data being entered into the payroll system.
What is an applicable control that can help prevent this event
from occurring in the future?
Question 11
Cheryl Liao is an accountant at Folding Squid Technologies.
While making an adjusting entry to the general ledger, she
received the following error message when she tried to save her
entry, "The data you have entered does not include a source
reference code. Please enter this data before saving." This
message was the result of a
Question 12
Entries to update the general ledger are often documented by
which of the following?
Question 13
Immediately after the adjusting entries are posted, the next step
in the general ledger and reporting system is to prepare
Question 14
A type of data entry control that would ensure that adjusting
entries are posted to existing general ledger accounts is called
a(n) ________ check.
Question 15
Performance reports for cost centers should compare actual
versus budget ________ costs.
Question 16
The "get" event represents an activity which
Question 17