Which of the Following Is an Advantage of a System

question 22

Multiple Choice

Which of the following is an advantage of a system that permits out-of-balance entries?

• A) Accountants can circumvent security policies.
• B) Accountants can correct mistakes more easily.
• C) Accountants can debit various accounts one day and complete the offsetting credits the next day.
• D) Accountants can close the books in a timely manner.

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Definitions:

IREF

IREF often stands for reference current, a specific, stable current used as a reference point in electronic circuits for biasing and stabilizing purposes.

Internal Reference

A predetermined or fixed point within a system used as a standard for measurement or comparison.

ICON

A graphical symbol representing a program, function, data, or file on a computer interface.