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29 Why document a system? To understand how a system works Sarbanes-Oxley Act (SOX) requires management to assess internal controls and auditors to evaluate the

29 Why document a system? To understand how a system works Sarbanes-Oxley Act (SOX) requires management to assess internal controls and auditors to evaluate the assessment Used for system development and changes All of the choices are reasons to document a system 2 pts Question 31 2 pts Concerning eXtensible Business Reporting Language (XBRL), which of the following statements is not true? XBRL is used for internal (managerial) reporting XBRL creates unique tags for each data item XBRL reduces the need for information to be manually reentered into analysis tools XBRL reduces the need to produce multiple reports Question 32 2 pts The Gwallter Reece Chihuahua Sweater Co. (GRCCO) was established in 2013. It recently signed a large contract with PetCo pet stores. GRCCo will be required to track and forecast sweater sales by linking in to PetCo's sales database. GRCCo will then be responsible for shipping products to Petco as needed. The relationship between GRCCO and Petco is an example of electronic data interchange. optical character recognition. vendor-managed inventory. sales force automation. Question 33 When preparing the invoices, the prices come from the packing slips purchase requisitions bill of ladings sales orders shipping notices Question 34 2 pts 2 pts In Petaluma, California, electric power is provided to consumers by Pacific Power. Each month Pacific Power mails bills to 186,000 households and then processes payments as they are received. What is the best way for this business to ensure that payment data entry is efficient and accurate? well-designed paper forms source data automation turnaround documents sequentially numbered bills

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