When Transactions Are Posted in a Computerized Accounting System

question 17

Multiple Choice

When transactions are posted in a computerized accounting system:

• A)The user must post all transactions awaiting in the module.
• B)Segregation of duties is not a factor.
• C)The user can select which batches of transactions to post.
• D)Anyone with general ledger access can post the transactions.

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Definitions:

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one additional unit of a good or service.

Rutabagas

A root vegetable with a taste that is a mixture of cabbage and turnip, commonly used in cooking.

Broccoli

A green vegetable with a large flowering head, stalk, and small associated leaves, often eaten for its nutritional qualities.

Marginal Utility per Dollar

The additional satisfaction or utility gained from consuming one more unit of a good or service, divided by its cost.