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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Accounting Information Systems

ISBN: 9780130861771

8th Edition

Authors: George H. Bodnar, William S. Hopwood

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