What usually initiates data input into a system?
A) The transaction system automatically checks each hour to see if any new data is available for input and processing.
B) The performance of some business activity generally serves as the trigger for data input.
C) A general ledger program is queried to produce a trial balance at the end of an accounting period.
D) Data is only input when a source document is submitted to the accounting department.
Correct Answer:
Verified
Q7: The issuing of a purchase order is
Q10: The collection of job time tickets or
Q10: For a retail business,a delivery of inventory,from
Q11: The general ledger
A) summarizes the transactions in
Q14: Which of the following is not usually
Q17: Pre-numbering of source documents helps to verify
Q28: Common source documents for the revenue cycle
Q38: Source documents generally help to improve accuracy
Q46: When the sum of all entries in
Q59: Which of the following statements regarding special
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents