Suspense Files Are Hard Copy Files That Hold Transactions That

question 12

True/False

Suspense files are hard copy files that hold transactions that have not been processed because they have been rejected by computer application controls.

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Definitions:

Confidentiality

The obligation to safeguard and not disclose private information to unauthorized individuals.

Disclose Information

The act of making information known or public, especially information that was previously private or confidential.

Professional Duty

An obligation or responsibility that an individual in a professional role is expected to perform or uphold.

Cost

An amount that must be paid or spent to buy or obtain something, which can include money, time, or labor in the context of production or services.