All of the Following Statements Regarding Source Documents Are Except

question 129

Multiple Choice

All of the following statements regarding source documents are except:

• A) Source documents provide the basic information processed by an accounting system.
• B) Source documents include bank statements, cash register files, and employee earnings records.
• C) Source documents are insignificant and play a minor role in the reliability of the information system.
• D) Source documents can be paper or electronic files.
• E) Source documents can include Web communications.

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Definitions:

Channel Member

An entity that plays a role in the distribution process of products, from manufacturers to end consumers, including wholesalers, retailers, and distributors.

Compensation

Payment or benefits that an employee receives in return for their work, which can include salary, wages, benefits, and bonuses.

Corporations

Legal entities that are separate and distinct from their owners, with the rights to own property, sue or be sued, and conduct business.

States

Defined territorial areas within a country, each with its own government and regulatory powers.