FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
which is true about vendor files?
A. They must be cleaned on a daily basis
B. They can be in electronic or paper form
C. They do not need maintenance
D. Duplicate records do not need to be removed
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- Discuss how EDI dealing with sensitive information, such as inventory amounts and price data, is no longer private. What potential dangers exist if proper controls are not in place? Give an examplearrow_forwardWhich of the following software functions can help protect sales revenue from external and internal threats of theft? a) Reconcile inventory reductions with product issues from kitchen. b) Reconcile product issues from kitchen with guest check totals. c) Create over and short computations by server, shift, and day. d) All of the above e) Only a. and b. abovearrow_forwardTests of controls determine whether the database contents fairly reflect the organization's transactions. True Falsearrow_forward
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