Under the UEEA,which of the Following Would Immediately Tell You

question 19

Multiple Choice

Under the UEEA,which of the following would immediately tell you that you have satisfied the best evidence rule with respect to an electronic record?

• A) proving the authenticity of an electronic record is as it was claimed to be
• B) proving the integrity regarding the claimed authenticity of the electronic record
• C) proving the integrity of the electronic system that recorded the data
• D) proving authenticity by producing the original electronic contract

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Definitions:

Variable Costing

An accounting practice that only factors in variable production expenses (like direct materials, direct labor, and variable manufacturing overhead) into the cost of goods.

Unit Product Cost

The total cost (including materials, labor, and overhead) divided by the number of units produced, representing the cost to produce a single unit of product.

Variable Costing

A costing method that includes only variable costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculation, excluding fixed overhead.

Net Operating Income

Net operating income is the profit generated from a company's normal business operations, excluding expenses and revenues from non-operating activities.