The computer file that holds transactions that have not been processed because they have been rejected by computer application controls is the:
A) open purchase order file.
B) approved vendor master file.
C) suspense file.
D) accounts payable master file.
E) purchase transactions file.
Correct Answer:
Verified
Q43: The computer file that contains data for
Q44: The auditor is concerned that individuals in
Q45: The employee most likely to be involved
Q46: Accounts payable turnover is a substantive test
Q47: Controls over the recording of a liability
Q49: Recent trends in accounts payable include all
Q50: The computer file of purchase orders submitted
Q51: Management's commitment to competence should be reflected
Q52: Factors that may contribute to misstatements in
Q53: The computer file that contains pertinent information
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