.________ isNOTa goal of internal controls within the accounting information system. (Points : 20)

Allowing senior management unlimited access within the system Safeguarding assets Promoting operational efficiency Accurately processing information

Question 2.2.An example of a control account would be ________. (Points : 20)

interest expense accounts payable prepaid expenses sales revenue

Question 3.3.Posting to the general ledger that occurs continuously in a computerized system is called ________ processing. (Points : 20)

periodic perpetual batch online

Question 4.4.ABC Company pays a vendor for inventory purchased on account. The journal used to record the receipt of the invoice from the supplier would be the ________. (Points : 20)

cash payments journal purchases journal general journal sales journal

Question 5.5.The cost to implement an accounting information system should be ________ the benefit derived from the information system. (Points : 20)

greater than less than equal to at least double