_____ in an Accounting Information System Helps Promote _____ in the Financial

question 50

Multiple Choice

_____ in an accounting information system helps promote _____ in the financial statements.

• A) Documents, accuracy.
• B) Internal controls, reliability.
• C) Information technology, matching.
• D) Data, relevance.

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Definitions:

Repair Shop

A business dedicated to fixing and maintaining vehicles, electronics, or other machinery.

Goods In Bailment

Purchased goods that are in some kind of storage under the control of a third party, such as a warehouseman.

Storage

The action or method of storing goods, data, or information for future use.

Physical Possession

The actual holding or control of property, as opposed to constructive possession which is the legal right to control.