Indicate Whether Each of the Following Statements Is: (A) Always

question 27

Essay

Indicate whether each of the following statements is: (a) always true, (b) sometimes true or (c) never true.1.AIS outputs are important only in AIS and financial accounting.2.An accounting information system can determine materiality without human intervention.3.Financial accounting can involve unstructured problems.4.Internal controls cut across many areas of accounting study.5.The objective of an accounting information system is to report true financial data.

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Definitions:

Circular Cross Section

A geometric profile of a body cut perpendicularly, showing a circle shape.

Form Tolerances

The allowable variations in the shape and appearance of manufactured parts.

Straightness

The measure of how closely a line or feature aligns with a true straight line, often evaluated to ensure precision in manufactured parts.

Circularity

The degree to which a form or surface approaches a perfect circle, often a crucial factor in precision engineering.