If a Company Chooses to Use Computer-Based Accounting, Which of the Following

question 58

Multiple Choice

If a company chooses to use computer-based accounting, which of the following is required?

• A)A standalone system that is dedicated to payroll processing.
• B)Certification by a CPA prior to use for payroll processing.
• C)Regularly scheduled software updates.
• D)Certification and bonding of payroll personnel.

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Definitions:

Direct Order

A clear, unequivocal command or instruction given, usually in a context where obedience is expected.

Minutes

Official written record of the discussions and decisions made by a committee, board, or other group during a meeting.

Written Record

Documentation created to capture and preserve information, events, or decisions.

Group's Activities

Actions or tasks undertaken by a group of people working together towards a common goal.