Which of the Following Represents a Processing Control in the Financial

question 66

Multiple Choice

Which of the following represents a processing control in the financial process?

• A) Input data should be verified as accurate in the various processes.
• B) Special authorization should be required for the disposal of capital resources.
• C) The distribution of internal reports containing financial information should be carefully controlled and recorded.
• D) Summarized information received from other processes should be periodically reviewed to determine that the accuracy of financial statements.

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Definitions:

Committed

The state of being dedicated or devoted to a cause, activity, or goal, showing a willingness to give time and energy to it.

Demands

The requirements or needs that are asked for or expected in various contexts, such as in a job or personal relationships.

Lose-lose Strategies

Conflict resolution methods where all parties involved suffer losses or no party achieves their desired outcomes.

Authoritative Command

Uses formal authority to end conflict.