Which one of the following control activities is relevant when a company uses a computerized (rather than manual) accounting system? a) Establishment of responsibility.
b) Segregation of duties.
c) Independent internal verification.
d) All of these answer choices are correct.

Answers

Answer 1
Answer:

Answer: d) All of these answer choices are correct

Explanation: Internal control activities are procedures used in managing, safeguarding, ensuring reliability and integrity of financial information. However, all the internal control activities are to be followed whether the company employs manual accounting system or the computerized accounting system. The internal control activities include : Establishment of activities, Segregation of duties, Independent internal verification, Documentation of activities, Reconciliation of events and occurrences.

Answer 2
Answer:

Answer:

d) All of these answer choices are correct.

Explanation:

Company all over the world trys as much as possible to minise cost and increase profits. This is mostlydone by reducing the level of manual work carried out in the company while at the same time automating the processes and jobs that are required.

From the options listed above, all the answer choices are correct. The control activities are correct when a company uses a computerized accounting system rather than manual accounting system.


Related Questions

Which problem in the savanna regions of Africa is caused by population pressures and overuse of the land?A. rain forest destruction B. desertification C. air pollution D. flooding
Why did the framers give the power to congress rather than to the states?
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An interest group is aa. collection of people who disagree on various issues. b. group of people who have agreed to vote in the same way. c. group of protestors desiring to have their collective voices heard by the government. d. collection of people with similar views on issues that work to influence all levels of government
When documenting a suspected case of abuse, which type of injury should be photographed in black-and-white, as well as color?

Why do meteors streak across the sky as they enter the atmosphere?

Answers

Answer:

Meteors, also known as shooting stars, are pieces of dust and debris from space that burn up in Earth's atmosphere, where they can create bright streaks across the night sky. When Earth passes through the dusty trail of a comet or asteroid's orbit, the many streaks of light in the sky are known as a meteor shower.

Why are command economies usually less efficient than market economies? Governments in command economy countries are uninterested in prices or quality. Command economies become too ruthless to care about the consumer. The competition in market economies encourages both quality and low prices. Governments in market economy countries demand efficiency in their firms.

Answers

One major reason why command economies are usually less efficient than market economies is that "The competition in market economies encourages both quality and low prices," since it is often impossible for the government to "predict" the demand for all products and services. 

Spending that government officials can increase or decrease is referred to as.....?a. discretionary spending
b. manditory spending
c. medicaid
d. an entitlement

Answers

Spending that the government officials can increase or decrease is referred to as discretionary spending. The correct option among all the options given in the question is option "a". In case of mandatory spending, the government does not have the choice of increasing or decreasing the amount of spending as it is covered by law.

Discretionary spending

Which of the following is a negative externality when the government provides a public good such as building a dam?a. decreased leisure activities
c. a potential decrease in the species of fish
b. an increase in hydroelectric power
d. the potential for increased flooding

Answers

Answer:

c. a potential decrease in the species of fish

Explanation:

Dams block the migration of fish, deplete oxygen from rivers, and interfere with the biological triggers that guide fish. They also reduce self-cleaning ability of rivers. Due to the construction of dams and other factors, the population of freshwater fish species declined 37% between 1970-2008 - more than the populations of all other ecosystems. Populations of tropical freshwater fish species declined by as much as 70%.

Answer:

c. a potential decrease in the species of fish

Explanation

E2020

HELP PLZWhich of the following is a group of religious dissenters who promoted religious tolerance and good relations with natives in the Middle Colonies? *
8 points
Puritains
Pilgrims
Separatists
Quakers

Answers

Answer:

Quakers

Explanation:

Puritans couldn't get along with natives and had no tolerance for religion outside their own.

Pilgrims didn't settle in the middle colonies.

Separatists were with the pilgrims and wanted religious freedom from England. They set off and were like the puritans. Of course, the natives weren't too fond of them. They tried to get along at first, but religious tensions won over in the end.

Quakers were the nice ones that won out, not only because they bought the land before settling, they made an agreement with the natives first. They made an association to preserve their relationship.

Answer: The Quakers

Explanation:  The Quakers were a group

of religious dissenters who promoted religious tolerance, as they believed everyone had an inner light (gift of God's grace), and they encouraged good relations with the natives.

Which is true of an adjustable rate mortgage?

Answers

An adjustable rate mortgage is also popularly known as thevaluable rate mortgage or the floating rate mortgage. This type of mortgage ischaracterized by which the interest rate that will be paid will differ based ona particular benchmark. The first interest rate is usually fixed for a periodof time and then change after regularly, monthly or bimonthly depending on theagreement. An ARM margin is the term given to the borrower’s interest rate thatis based on a benchmark plus the interest rate.


An adjustable rate mortgage allows for fluctuating interest rates based on economic conditions, offering potential changes to the borrower's repayment amount over time. Therefore, option B is correct.

An adjustable rate mortgage (ARM) is a type of home loan where the interest rate is not fixed and can vary over the life of the loan. The interest rate adjustments are typically tied to a specific financial index, such as the prime rate or the Treasury rate.

As a result, the borrower's monthly payments can change periodically, either increasing or decreasing, based on the movement of the index.

This feature makes ARMs different from fixed-rate mortgages, offering potential advantages such as initial lower rates but also introducing uncertainty and the possibility of higher payments in the future.

Therefore, option B is correct.

Learn more about ARM here:

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Most  probably, your complete question is this:

What is true of an adjustable rate mortgage?

A. the borrower can adjust monthly payment depending on his budget

B. the interest rate may change depending on the condition of the economy

C. the lender can adjust the monthly payments dates whenever he wants to