For Each of the Following Situations,indicate the Program Data Editing

question 122

Short Answer

For each of the following situations,indicate the program data editing technique that is appropriate to detect the error:
a.A system user transposed digits when entering a customer's account number.
b.An input clerk input the wrong sales territory number for employee number 35 in a sales commissions payable program.
c.The data processing department failed to process all the items in a batch.

Identify how noncash transactions are reported in financial statements.

Apply the indirect method to prepare the operating activities section of the statement of cash flows.

Apply knowledge of accounting principles to calculate cash payments and cash receipts from operating activities using the direct method.

Analyze the impact of changes in current asset and liability accounts on cash flows.

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Definitions:

Routine Requests

Standard inquiries or appeals that are made regularly within the context of business or professional communication.

Potential Sale

An opportunity that might result in the purchase of goods or services.

Goodwill Message

A communication intended to foster positive relations, often expressing thanks, congratulations, or well-wishes.

Positive Response

A favorable or affirmative reaction to a message, proposal, or situation.