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Jlenok [28]
4 years ago
11

During the year being audited, the Matthews Corporation changed from a system of recording time worked on clock cards to an IT p

ayroll system in which employees record time in and out with magnetic cards. The IT system automatically updates all payroll records. Because of this change:______
(a) a generalized computer audit program must be used.
(b) without paper clock cards, part of the audit trail is altered
(c) the potential for payroll-related fraud is diminished
(d) transactions must be processed in batches
Business
1 answer:
lesya692 [45]4 years ago
4 0

Answer:

B) without paper clock cards, part of the audit trail is altered

Explanation:

The audit trail is a log that chronologically records documentary evidence of relevant activities and procedures.

Before the IT payroll system was adopted, an audit trail was already established. Since the new system reduces paperwork, it will also change the audit trail. The new system will probably reduce the audit trail.

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3 years ago
What was not a result of the economic policies of the irish government in the late 1990s?
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3 years ago
Keynesian economists believe that the economy needs to be influenced in order to correct itself from the effects of unemployment
gregori [183]

Answer: fiscal policy

Explanation:

Fiscal policy simply means when the revenue and expenditure of the government is used to influence the economy of a particular country.

Keynesian economists believe that the economy needs to be influenced in order to correct itself from the effects of unemployment and inflation. This can be done through fiscal policies. According to the Keynesians, the demand from consumers has an effect on the aggregate expenditure.

4 0
3 years ago
A company has 500 shares of $50 par value preferred stock outstanding,and the call price of its preferred stock is $60 per share
faust18 [17]

Answer:

B $32.50

Explanation:

Book value per common share will be calculated as;

= (Stockholder's equity - Shares × Call price per share) / Shares of common stock outstanding

Given that;

Stockholder's equity = $680,000

Shares = 500

Call price per share = $60

Shares of common stock outstanding = 20,000

Therefore,

Book value per common share

= ($680,000 - 500 × $60) / 20,000

= ($680,000 - $30,000) / 20,000

= $650,000 / 20,000

= $32.5

7 0
3 years ago
transformational leaders enhance performance of employees by ________. Select one: a. restricting creativity among employees b.
RUDIKE [14]

Answer:

b. establishing goals, roles, and requirements

Explanation:

This will go a long way tonenhance performance. Goals formation will give a sense of direction for the employees. Assigning Roles makes them responsible for an action

3 0
3 years ago
Read 2 more answers
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