All of the Following Statements Regarding Source Documents Are True

question 92

Multiple Choice

All of the following statements regarding source documents are true except:

• A)Source documents provide the basic information processed by an accounting system.
• B)Source documents include bank statements, cash register files, and employee earnings records.
• C)Source documents are insignificant and play a minor role in the reliability of the information system.
• D)Source documents can be paper or electronic files.
• E)Source documents can include Web communications.

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Definitions:

Autocratic Control

Refers to a management style where decision-making powers are centralized in the hands of one individual, with little to no input from subordinates.

Organizations

Structured groups of individuals working together to achieve shared goals through a systematic arrangement of resources, information, and activities.

Performance Threat

A situation in which something is obviously wrong or has the potential to go wrong.

Performance Deficiency

A situation where an individual's work performance falls below the required standard or expectation.