Which of the Following Tasks Are Facilitated by Maintaining a Strong

question 36

Multiple Choice

Which of the following tasks are facilitated by maintaining a strong and secure audit trail?

• A)Tracing a transaction from original source document to the general ledger to a report.
• B)Tracing an item in a report back through the general ledger to the original source document.
• C)Tracing changes in general ledger accounts from beginning to ending balances.
• D)All of the above are facilitated by the audit trail.

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Definitions:

Historical Data

Data collected from past events used to analyze trends, forecast future occurrences, or establish baselines in various fields like finance, meteorology, or scientific research.

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Probability

Probability is the measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

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A pizza variety topped with an assortment of vegetables, often including tomatoes, peppers, onions, and olives, among others.