A Company Uses the Account Code 669 for Maintenance Expense

question 89

Multiple Choice

A company uses the account code 669 for maintenance expense.However, one of the company's clerks often codes maintenance expense as 996.The highest account code in the system is 750.What would be the best internal control check to build into the company's computer program to detect this error?

• A)A check for this type of error would have to be made before the information was transmitted to the data processing centre
• B)Valid-character test
• C)Sequence test
• D)Valid-code test

Identify major nerves and their origination points.

Comprehend nerve plexuses and their associated nerves.

Understand the role of the nervous system in reflex actions.

Differentiate between the functions of distinct nerves.

---

Definitions:

Equity-Financed

This term refers to the portion of a company's operations or assets that is funded by issuing equity (stocks) instead of taking on debt.

Acquisition

The act of obtaining control of another company or asset through purchase or exchange.

Merger Premium Per Share

The additional amount paid over the current market price of a company's shares during a merger or acquisition, reflecting the value the acquiring firm expects to gain.

Market Price

The current market price for buying or selling a service or asset.