To Safeguard a Business's Assets and Reduce the Likelihood of Fraud

question 104

Multiple Choice

To safeguard a business's assets and reduce the likelihood of fraud and errors,its accounting information system ________.

• A) should be manual
• B) must be flexible to accommodate changes in a business over time
• C) should work smoothly with the business's employees
• D) must provide adequate controls of a business's assets and data

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Definitions:

Descriptive Research

A research method focused on describing characteristics of a population or phenomenon being studied without influencing them.

Behaviors And Preferences

The patterns of action and selections made by consumers or users, influenced by various psychological, social, and economic factors.

Product Life Cycle

Refers to the stages a product goes through from its introduction into the market, growth in acceptance, maturity, and eventually its decline.