E. Wilson & Sons, Inc. hired a consulting team from Athabasca and Associates to discuss application controls
Question:
E. Wilson & Sons, Inc. hired a consulting team from Athabasca and Associates to discuss application controls for the company’s accounting data processing. In one of the workshops, the seminar leader stated, “We can classify all errors in processing accounting data as either accidental or intentional. Controls such as edit tests are primarily aimed at the former type of error, whereas personnel controls are primarily aimed at the latter type of error.” Comment on the leader’s statement.
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We agree with the seminar leaders statement that all errors in processing accounting data can be cla...View the full answer
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Related Book For
Core Concepts Of Accounting Information Systems
ISBN: 9781118738108
1st Canadian Edition
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
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