As More Companies Rely on Computer Databases and Less on Filing

question 70

Multiple Choice

As more companies rely on computer databases and less on filing cabinets,the (i) demand for computer programmers will rise.
(ii) wage paid to filing clerks will rise.
(iii) wage paid to computer programmers will rise.

• A)(i) and (ii)
• B)(ii) and (iii)
• C)(i) and (iii)
• D)(i), (ii), and (iii)

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Definitions:

Bank Deposits

Money placed into a banking institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.

Petty Cash Management

The process of overseeing and controlling the petty cash fund, a small amount of cash on hand used for minor expenses.

Internal Control Systems

Methods and systems adopted by an organization to maintain the accuracy of its financial and accounting records, ensure responsibility, and deter deceit.

Efficient Operations

Activities optimized to use the least amount of resources to achieve the desired level of output.