The Principal Function of an Accounting System's Computerized Controls Is

question 31

Multiple Choice

The principal function of an accounting system's computerized controls is:

• A)Detecting computer frauds
• B)Preventing computer frauds
• C)Encouraging programmer honesty
• D)none of the above

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Definitions:

Town's Population

The number of people living in a particular town.

Grow

To increase in size, amount, or value over a period of time.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, typically used as an indicator of inflation.

Annual Rate of Inflation

The percentage increase in the price level of goods and services in an economy over a year.