Discuss the accuracy of the following statements regarding internal control: 1. The more computerized applications within a
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1. The more computerized applications within a company’s accounting system, the lower the risk will be that fraud or errors will occur.
2. The more involved top management is in the day-to-day operations of the business, the lower the risk will be that fraud or errors will occur.
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1 It is not necessarily true that extensive computerized application will lower a companys ...View the full answer
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Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
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