Answer:
Explanation:
Step 1:
the auditor is required to provide reasonable assurance for the financial statement audited.To provide such reasonable assurance,appropriate evidence must be obtained to confirm that no material misstatement material is present in the financial statement
Step 2:
For each statement select true or false in the following manner
a. A recent improvement in computer hardware is the ability to automatically produce error listings. Previously, this was possible only when provisions for such a report were included in the program.
FALSE
b. The control of input and output to and from the information systems department should be performed by an independent data control group.
TRUE
c. An internal-audit computer program that continuously monitors IT processing is a feasible approach for improving internal control in OLRT systems.
TRUE
d. An internal label is one of the controls built into magnetic tape drive hardware by the hardware manufacturers.
FALSE
e. A limit test in a computer program is comparable to a decision that an individual makes in a manual system to judge a transaction's reasonableness.
TRUE
f. A principal advantage of using magnetic tape files is that data need not be recorded sequentially.
FALSE
g. A major advantage of disk files is the ability to gain random access to data on the disk.
TRUE
h. The term grandfather-father-son refers to a method of protecting computer records rather than to generations in the evolution of computer hardware.
TRUE
i. When they are not in use, tape and disk files should be stored apart from the computer room under the control of a librarian.
TRUE
Answer:
B-False
Explanation:
Because some companies do business online.
Answer:
c. Bad Debt Expense 14,600 Allowance for Doubtful Accounts 14,600.
Explanation:
As for the information provided,
outstanding balance of accounts receivables = $344,000
Also that the uncollectible balance of accounts receivables is estimated = 5% of outstanding balance.
Therefore, balance at year end of allowance for uncollectible shall be = $344,000
5% = $17,200
Provided existing balance of allowance = $2,600
Thus, entry shall be for amounting = $17,200 - $2,600 = $14,600.
Answer:
Branding.
Explanation:
Branding is a field that promotes a business or a service. Branding helps business to give voice to their business. It is through branding that customers recognizes your business.
It is branding that sets your company apart from your competitors. Through branding, the business is able to reflect its values, qualities, strengths, and characteristic.
Therefore, the correct answer is branding.
From the description in the question, it is more likely for Caleb to be a (B) correction officer.
A correctional officer, also known as a prison officer is responsible for supervising prisoners in a prison or jail. He is also responsible for ensuring the safety and security of these prisoners. Besides working in a prison or jail, a correction officer might also work in a reformatory or penitentiary.