CRX Corporation Uses General Ledger Software as a Processing Tool

question 24

Multiple Choice

CRX Corporation uses general ledger software as a processing tool in its accounting information system, which creates certain risk exposures.Internal controls to address those risk exposures include:

• A)Daily file backup.
• B)Periodic employee training.
• C)Both daily file backup and periodic employee training.
• D)Neither daily file backup nor periodic employee training.

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Definitions:

Blood

A vital fluid in humans and animals containing red and white cells in a liquid plasma, responsible for transporting nutrients and oxygen to cells and removing waste products.

Congestive Heart Failure

A condition in which the heart is unable to pump blood effectively, leading to congestion of blood in the organs.

Left-sided Heart Failure

A condition where the left side of the heart is unable to pump blood efficiently, leading to a buildup of fluid in the lungs.

Atherosclerosis

A condition characterized by the hardening and narrowing of the arteries due to the build-up of plaque on the artery walls, which can lead to cardiovascular diseases.