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Select all of the following statements about the audit trail that are true (You may select more than Cain a computer based system the

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Select all of the following statements about the audit trail that are true (You may select more than Cain a computer based system the audit trail is less observable transactions Cb The audit trail ensures validity, accuracy, and completeness of Oc The audit trail only flows from financial statements back to source documents d. Audit trails do not exist in a manual or computer based systems QUESTION 25 Real-time transaction processing is best described as i QUESTION 26 Proper segregation of duties in Explain what segregate Scenario #1 The same person prepares payroll checks to employees and approves employee time cards Scena 2 The billing clerk prepares customer invoices for sales and reconciles the accounts payable subsidiary ledger to the asunts payable general during mend TTTT PA TT WIZA

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