1. As with a manual accounting system, transactions are entered into a computerised system from source documents.

Group of answer choices

True

False

Flag question: Question 6

Question 62 pts

1. Top management is accountable for the short-term planning and coordination of activities necessary to accomplish organizational objectives.

Group of answer choices

True

False

Flag question: Question 7

Question 72 pts

1. It is common to establish a control account and subsidiary ledger system for inventory.

Group of answer choices

True

False

1. Top management is also responsible for longer-term planning and executing them on a daily operation.

Group of answer choices

True

False