The Best Control Procedure for Accurate Data Entry Is

question 37

Multiple Choice

The best control procedure for accurate data entry is

• A)the use of on-line terminals.
• B)an access control matrix.
• C)passwords and user IDs.
• D)automation of data collection.

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Definitions:

Insurance Expense

The cost incurred by a business for insurance policies it maintains for protection against risks.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded by the company.

Earned

Earned refers to revenues or incomes that have been generated through business activities or provided services within a certain period.

Accumulated Depreciation

The total depreciation of an asset up until a single point in time, showing how much of its value has been used up.