A Business's Source Documents

question 195

Multiple Choice

A business's source documents:

• A)include the ledger.
• B)Provide objective evidence that a transaction has taken place.
• C)must be in electronic form.
• D)are prepared internally to ensure accuracy.
• E)include the chart of accounts.

---

Definitions:

Intranet

A private network accessible only to an organization's staff, often used to share company information and computing resources among employees.

Performance Opportunity

A chance or situation in which an individual or organization can demonstrate its capabilities or improve its performance.

Performance Deficiency

A situation where an individual's or an entity's output fails to meet the expected or required standards.

Management Challenge

A situation that tests the skills, knowledge, and abilities of those in leadership positions to handle complex organizational issues.