A Computerized Accounting System Will Not Allow Which of the Following

question 37

Multiple Choice

A computerized accounting system will not allow which of the following types of journalizing errors?

• A) entering an amount in an incorrect account
• B) reversing the debit and credit accounts in a transaction
• C) processing a transaction that has unequal debits and credits
• D) entering a transaction with an incorrect date

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Definitions:

Decentralization

The process of distributing or dispersing functions, power, people, or things away from a central location or authority.

Mexico's Constitution

The supreme law of Mexico, established in 1917, which includes provisions for the protection and rights of workers.

Economic Rights

Rights that allow individuals to engage in activities for the purpose of earning income such as the right to work, right to own property, and rights to appropriate remuneration.

Collective Bargaining

is a negotiation process between employers and a group of employees aimed at reaching agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.