Examlex

Solved

When Erroneous Data Are Detected by Computer Program Controls,such Data

question 20

Multiple Choice

When erroneous data are detected by computer program controls,such data may be excluded from processing and printed on an exception report.The exception report should most probably be reviewed and followed up on by the:


Definitions:

Accounts Receivable

Money owed to a business by its clients or customers for goods or services that have been delivered or used but not yet paid for.

Outstanding Amounts

The total sums of money that are owed or pending payment.

Accounts Receivable Ratio Formula

A financial metric used to evaluate how efficiently a company is managing its receivables and how quickly it turns them into cash.

Average Monthly Gross Production

The total production or output of a company or industry, averaged over a month, before deductions for costs or expenses.

Related Questions