If Sales Have Not Been Entered into the Accounting Information

question 54

Multiple Choice

If sales have not been entered into the Accounting Information System,this is an example of which type of transaction risk?

• A)occurrence
• B)completeness
• C)accuracy
• D)cut-off

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Definitions:

Businesspeople

Individuals engaged in commercial, industrial, or professional activities, aiming to achieve economic or organizational goals.

Direct Approach

A communication strategy that involves straightforwardly presenting the main point or purpose at the beginning.

Business Reports

Formal documents that provide information, analysis, and recommendations to help businesses make informed decisions.

Potential Drawback

A possible disadvantage or negative outcome associated with a decision or action.