Which of the following represent proper information processing controls in the f financial process?
A) Summarized daily information should be filed for future reference.
B) Output distribution should be limited to authorized individuals.
C) Checks of transactions only need to be done on transactions posted in other departments.
D) All of the above represent proper information processing controls in the financial process.

Question

Quizplus · Accepted Answer

Output distribution should be limited to authorized individuals is a proper information processing control in the financial process. Summarized daily information should be filed for future reference is a good practice but it does not directly relate to controlling the financial process. Option C is incorrect as transactions should be checked in all departments to ensure accuracy and completeness of financial data. Therefore, option D is also incorrect.

Which of the Following Represent Proper Information Processing Controls in the F