26) Which of the following user groups generalls ledger and reporting system? A) internal users B) external users C) inquiry processing by internal or external users D) all of the above scncrally receive information produced by the general on should be designed to serve the information 27) The general ledger system of an organization should be desi requirements of both internal and external users. This means mal and external users. This means that the system should b A producing expansive regular periodic reports to cover all information B) the real-time inquiry needs of all users. producing regular periodic reports and respond to real-time inquiry necos D) access by investors and creditors of the organization to general ledger balances, e 28) When updating the general ledger, sales, purchases, and production are examples entries, and issuance or retirement of debt and the purchase or sale of investment securities are examples of A) adjusting; controller originated B) accounting subsystem; treasurer originated C) adjusting: special journal D) controller generated; special journal entries 29) Which of the following are used to document entries made to update the general ledger A) general journal B) subsidiary journal C) subsidiary ledgers D) journal vouchers 30) What system privileges should an employee involved in the general ledger and reporting system be given? A) General privileges to create, delete, update, or modify data. B) No privileges permitting the creation, deletion, updating, or modification of data. C) Only the specific privileges necessary to perform an employee's assigned duties. D) Read-only privileges. 31) Who generally is responsible for providing the accounting department with information about financing and investing activities to create the appropriate general ledger journal entries? A) The budget department. B) The CFO. The treasurer. 2) The CEO