Which Statement Below Is True with Regards to an Audit

question 99

Multiple Choice

Which statement below is true with regards to an audit trail?

• A)An audit trail begins with the general journal.
• B)An audit trail provides the means to check the accuracy and validity of ledger postings.
• C)An audit trail is a summary of recorded transactions.
• D)An audit trail is automatically created in every computer-based information system.

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Definitions:

Menstruation

The monthly shedding of the uterine lining in females when there is no pregnancy, typically referred to as a menstrual period.

Climacteric

A phase in the aging process of humans, marking the transition from the reproductive phase to the non-reproductive state in both men and women.

Family Cycle

A series of stages through which a family progresses over time, including marriage, parenthood, aging, and the eventual passing of the family members.

First Major Event

A significant occurrence or happening, often one that influences or initiates a series of developments.