Technologically Advanced Accounting Systems Do Not Need Monitoring for Errors

question 124

True/False

Technologically advanced accounting systems do not need monitoring for errors because computers always process transactions correctly.

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Definitions:

Carboxypeptidase

An enzyme that breaks down proteins by hydrolyzing the peptide bond at the carboxyl-terminal (C-terminal) end of the protein.

Pancreas

An organ in the digestive and endocrine system that produces several important hormones, including insulin, and enzymes to aid in digestion.

Peptidases

Enzymes that break down peptides into amino acids by cleaving the peptide bonds between amino acids.

Small Intestine

A part of the gastrointestinal tract between the stomach and large intestine that absorbs nutrients and minerals from food.