In QBO,how Are the Audit Log and the Transaction Journal

question 8

Multiple Choice

In QBO,how are the Audit Log and the Transaction Journal similar and different?

• A)Similar: Both reports can be used to track down journal entries to source documents. Different: The Transaction Journal lists every journal entry (debits and credits)entered in QBO and the Audit Log tracks all changes made to QBO records.
• B)Similar: Both reports can be used to track down unauthorized changes made to the accounting records. Different: The Transaction Journal improves internal control by tracking unauthorized changes to accounting records,and the Audit Log tracks all transactions entered into QBO.
• C)Similar: Both reports can be used to track down errors. Different: The Transaction Journal is useful if you have more than one QBO user,and the Audit Log tracks all changes made to our QBO records.
• D)Similar: Both reports can be used to track down errors. Different: The Transaction Journal lists every journal entry (debits and credits)entered in QBO and the Audit Log tracks all changes made to QBO records.

Understand the execution flow control using break statements.

Comprehend the output of loop structures.

Recognize the entry and exit conditions of loop structures.

Differentiate between legal and illegal placements of break statements in loop structures.

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Definitions:

Available Online

Refers to content or services that can be accessed through the internet from devices such as computers, smartphones, or tablets.

Published Decision

A judicial decision that is officially reported and made available to the public, often setting a precedent for future cases.

Case Name

The title or designation of a legal case, usually composed of the names of the parties involved.

Volume Number

A numeric identifier assigned sequentially to a series of publications, often used to cite academic journals or books.