Calgary Chemicals Plans to Utilize Its Computers to Provide Continuous

question 279

Multiple Choice

Calgary Chemicals plans to utilize its computers to provide continuous auditing of their financial statements.One obvious benefit of this technology would be:

• A)a reduction in the number of accountants required by the firm.
• B)less scrutiny from agencies such as Revenue Canada.
• C)to shift financial decision making from human beings to programmed technology.
• D)early detection of financial problems.

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Definitions:

Arm Circumference

A measurement around the arm, typically used in medical or fitness contexts to assess nutritional status or muscle mass.

Axillary

Referring to the underarm area.

Oral

Pertaining to the mouth, including aspects related to speech, ingestion, or medication administration.

Rectal

Referring to the rectum.