Jane's Employer Purchased a New Calculator This Month

question 79

Multiple Choice

Jane's employer purchased a new calculator this month.When Jane added up the sales for the day,she was a bit confused with the new calculator and made numerous adding errors.The daily sales total for the next week were incorrectly posted to the general ledger.The general balance-related audit objective affected by this activity is

• A)cutoff.
• B)accuracy (of allocation).
• C)classification.
• D)existence.

Understand the evolution of business philosophies and practices across different eras.

Identify the significance and impact of outsourcing on business operations.

Recognize the importance of intellectual capabilities and diversity within the workforce.

Comprehend the foundational rights and management principles in the private enterprise system.

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Definitions:

Teleconferencing

A method of using electronic media to conduct meetings or discussions among people in different locations, via audio, video, or web-based platforms.

Videopresence

Utilizes video conferencing technology to create a virtual presence for communication or collaboration, irrespective of the geographical location of the participants.

WANs

Wide Area Networks (WANs) are telecommunications networks that extend over large geographical distances, connecting different smaller networks such as local area networks (LANs).

LANs

Local Area Networks (LANs) are networks that connect computers and devices in a limited geographical area such as a home, school, or office building, facilitating communication and resource sharing.