Which of the following tasks are facilitated by maintaining a strong and secure audit trail?
A) tracing a transaction from original source document to the general ledger to a report
B) tracing an item in a report back through the general ledger to the original source document
C) tracing changes in general ledger accounts from beginning to ending balances
D) All of the above are facilitated by the audit trail.

Question

Quizplus · Accepted Answer

All of the tasks listed A, B, and C are facilitated by maintaining a strong and secure audit trail. A well-maintained audit trail enables tracking and verifying financial transactions and changes in accounting ledgers, allowing for greater accuracy and transparency in financial reporting.

Which of the Following Tasks Are Facilitated by Maintaining a Strong