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

question 46

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) Annual software updates.
• C) Certification by a CPA prior to use for payroll processing.
• D) Certification and bonding of payroll personnel.

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Definitions:

Seminar

A form of academic instruction, either at an academic institution or offered by a commercial or professional organization, focusing on a specific topic or project.

Partnership Assets

Property and resources owned by a partnership that are used in the conduct of its business.

Weekend Selling

The practice or strategy of promoting, selling, or conducting sales primarily on weekends.