Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the advantage of using technology in the internal control system? Group of answer choices Any cash received does not need to be reconciled
What is the advantage of using technology in the internal control system?
Group of answer choices
Any cash received does not need to be reconciled because the computer tracks all transactions.
Employees cannot steal because all cash transactions are recorded by the computer/cash register.
Transactions are easily changed.
Passwords can be used to allow access by employees.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started