For a company to safeguard a business's assets and reduce the likelihood of fraud and errors, its accounting information system:
A)should be manual.
B)must be flexible to accommodate changes in a business over time.
C)should work smoothly with the business's employees.
D)must provide adequate controls of a business's assets and data.

Question

Quizplus · Accepted Answer

A company's accounting information system must provide adequate controls to safeguard the business's assets and reduce the risk of fraud and errors. A manual system would be prone to errors and would not provide the necessary controls. A system that is flexible and works smoothly with the business's employees is important, but the primary focus should be on adequate controls.

For a Company to Safeguard a Business's Assets and Reduce