Which of the following is not true about computerized accounting systems?
A) Include authorization controls before a transaction can be completed
B) Computer accounting systems require less internal controls.
C) The computer screen is often designed to make a specific transaction easy to input.
D) The database is updated once the transaction is submitted, making it easy to run updated reports.
B
Business
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A) Set control standards for performance. B) Measure actual performance. C) Compare performance against standards. D) Discuss deviations with employees.
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A break-even point refers to the maximum salary an entrepreneur can pay himself or herself
Indicate whether the statement is true or false.
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