Internal Control in Technologically Advanced Accounting Systems Depends More on the Design

question 93

True/False

Internal control in technologically advanced accounting systems depends more on the design and operation of the information system and less on the analysis of its resulting documents.

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Definitions:

Branches of Government

The division of government into separate and independent units with distinct responsibilities, typically including the executive, legislative, and judicial branches.

Legislative

Relating to a legislature or law-making body, legislative involves the process of crafting, enacting, and amending laws and statutes.

Commerce Clause

A provision of the U.S. Constitution (Article I, Section 8, Clause 3) that gives Congress the power to regulate commerce with foreign nations, and among the several states, and with the Indian tribes.

Import-Export Clause

A provision in the United States Constitution that prohibits states from imposing taxes or duties on imports and exports, with certain exceptions.