Transaction authorization within an organization may be either specific or general. An example of specific transaction authorization
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Transaction authorization within an organization may be either specific or general. An example of specific transaction authorization is the
(a) setting of automatic reorder points for material or merchandise.
(b) approval of a detailed construction budget for a warehouse.
(c) establishment of requirements to be met in determining a customer's credit limits.
(d) establishment of sales prices for products to be sold to any customer.
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Related Book For
Accounting Information Systems
ISBN: 9780130861771
8th Edition
Authors: George H. Bodnar, William S. Hopwood
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