AIN 2601

Calfornia Southern Law School

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Practical Accounting Data Processing AIN2601

Practical Accounting Data Processing AIN2601
Other • 132 pages • 2021

1. The International Financial Reporting Standards (IFRS) require financial statements to be a(n) , reliable, relevant and comparable report. 1) secure 2) verifiable 3) economical 4) understandable 2. Bank reconciliation can identify cash book transaction processing errors, and even mistakes by the bank. 1) fraud and risk 2) fraud and theft 3) fraud and errors 4) fraud and corruption 3. A transaction processing system collects an organisation’s daily business transaction pro...