Determine whether the following statements are True or False and provide an essay worthy explanation. A user who logs in to the computer-based accounting system to enter invoices should also have access to the portion of the system that would allow her/him to order goods. It is necessary that managers remember that they are stewards of funds expended by a business - that the funds are not owned by the managers.

Answer:- Computer based accounting system:- Computer based accounting systems are advances in…

Answered: Determine whether the following…

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle.

Section: Chapter Questions

Problem 4CYBK

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Determine whether the following statements are True or False and provide an essay worthy explanation.

A user who logs in to the computer-based accounting system to enter invoices should also have access to the portion of the system that would allow her/him to order goods.
It is necessary that managers remember that they are stewards of funds expended by a business - that the funds are not owned by the managers.

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