The Audit Trail Is Easier to Follow in an Online

question 86

True/False

The audit trail is easier to follow in an online computerized system as compared to a batch system.

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Definitions:

Liability

The state of being legally responsible for something, particularly in the context of debts or legal judgments.

Contract

A legal commitment made between two or more participants that is upheld by law.

Breach

The violation of a law, duty, or other form of agreement.

Warranty

A guarantee provided by a manufacturer or seller regarding the condition of a product and the promise to repair or replace defective parts within a specified period.