Answered step by step
Verified Expert Solution
Link Copied!

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

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting Information For Decision Making

Authors: Anthony A. Atkinson

7th Edition

1618533517, 9781618533517

Students also viewed these Accounting questions