With Regards to an Accounting Information System,a Financial Audit Is

question 98

Multiple Choice

With regards to an accounting information system,a financial audit is most concerned with

• A)the system's output.
• B)the system's input.
• C)the system's processing.
• D)the system's storage.

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Definitions:

Perfected

A term typically used in law to describe a state where a security interest or lien is officially established or completed, ensuring protection and priority.

Secured Interest

An interest in personal property or fixtures that secures payment or performance to a creditor.

Personal Property

Tangible, movable objects.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States.