accounting-.________ is NOT a goal of internal controls within the accounting information system.

QUESTION

.________ is NOT a goal of internal controls within the accounting information system. (Points : 20) Allowing senior management unlimited access within the system Safeguarding assets Promoting operational efficiency Accurately processing informationQuestion 2.2.An example of a control account would be ________. (Points : 20) interest expense accounts payable prepaid expenses sales revenueQuestion 3.3.Posting to the general ledger that occurs continuously in a computerized system is called ________ processing. (Points : 20) periodic perpetual batch onlineQuestion 4.4.ABC Company pays a vendor for inventory purchased on account. The journal used to record the receipt of the invoice from the supplier would be the ________. (Points : 20) cash payments journal purchases journal general journal sales journalQuestion 5.5.The cost to implement an accounting information system should be ________ the benefit derived from the information system. (Points : 20) greater than less than equal to at least double

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