dentify the items from the following list that are likely to serve as soùrce documents. (You may select more than one answer. Single lick the box with the question mark to produce a check mark for a correct answer and double click the box with the question nark to empty the box for a wrong answer.) ? Purchase order 2 Ledger ? Trial balance ? Company revenue account ? Credit card receipt O Prepaid insurance account ? Income statement ? Sales receipt ? Utilities bill

Q: s data independence? why is it important in a comparison of the application and centralised database…

A:

Q: What are the causes of information risk

A: Information risk is related to the risk of three elements in any business, these are…

Q: The document which sets out basic rules for how a compay is to run?

A: Every company operating as a limited liabilities corporation, partnership firm, or public company…

Q: What are the relative merits of input from source documents and direct input?

A: Definition: Direct input: The data that are directly inserted into the system from the source data…

Q: What is the purpose of a responsibility center file?

A: Definition: Responsibility center file: The departments of the organization are generally referred…

Q: List and describe the eight general types ofaudit procedures for gathering evidence

A: Definition: Audit: Audit is the process of verification of the compliance of the financial…

Q: What can be understood from Integrated disclosure system.

A: Integrated disclosure system: It is an update in the security exchange commission’s guidelines to…

Q: Identify and provide examples of controls related to the use of files and data.

A: INTRODUCTION Data control is the administration of information policy for the data of an…

Q: Within the consolidation process, what is the purpose of a worksheet?

A: The worksheet is used to record the consolidated balances by eliminating the inter-company…

Q: Define trademarks.

A:

Q: What are the key control objectives required for a well-designed general ledger and reporting…

A: A well-designed general ledger and reporting information system should have several key control…

Q: what are used as evidence and the purpose of each type of document

A: Types of documents and purpose of the document as evidence.   1.Physical examination: A physical…

Q: What very important precautions must be taken during the data conversion procedures?

A:

Q: Define copyright

A: Definition:   Intangible assets: These are the long-term assets that are not physical in nature, but…

Q: Identify the segment information that is required to be disclosed by GAAP.

A: Segment reporting: Presentation of disclosures along with the financial statements which shows the…

Q: Mention two audit procedures relating to electronic data interchange controls

A: Audit: Audit is the process of verification of the compliance of the financial statements. It…

Q: important to manage transaction exposure

A: The RISK - posed by firms participating in international commerce that currency exchange rates will…

Q: Describe the alternative approach to record prepayments.

A: Prepayments are the amounts paid in advances for expenses of future period. Alternative approach to…

Q: What are the key control objectives required for a well-designed general ledger and reporting…

A: The objective of this question is to identify the key control objectives that are necessary for a…

Procedural Coding: CPT and HCPCS

Computer hardware and accessories nowadays support various types of coding for a variety of purposes. Procedural coding is a straightforward process that combines several steps of a calculative sequence to achieve the desired result. It is a type of medical classification that aids in the identification of specific surgical, medical, or diagnostic procedures. It begins as soon as a patient enters the premises of a healthcare provider. These coding systems have significantly aided the process of insurance claims and billing.