Accountants May Hesitate to Record a Questionable Entry If They

question 21

Multiple Choice

Accountants may hesitate to record a questionable entry if they know:

• A) Internal audit is likely to detect the possible error
• B) Internal audit is likely to detect the inappropriate financial reporting practices
• C) Internal audit is likely to communicate it to the external auditors
• D) Internal audit is likely to blow the whistle on inappropriate financial reporting practices

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Definitions:

Access Method

A method to control which computer is allowed to use transmission media at a certain time.

Ring Networks

A network topology where each node is connected to exactly two other nodes, forming a single continuous pathway for signals through each node - a ring.

Data Collisions

Occurrences in network communications where two devices attempt to send information over a network channel at the same time, resulting in a loss of data.

Device

A piece of equipment or hardware designed to perform specific tasks or functions, often electronic in nature.