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

question 29

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:

Outdated Quickly

describes items or technologies that become obsolete or less effective swiftly due to rapid advancements or changes.

Secondary Data

Information that has been previously collected and is available for use by others, often used for research or analysis purposes.

Census Data

Statistical data collected through the enumeration of a population, typically including demography, economy, and social information at a certain period.