Explain son– father– grandfather file retention.
Answer to relevant QuestionsWhat is a journal voucher? Describe how computer batch processing of journal vouchers may be used to update the general ledger.Circle Company has asked you to submit a contract bid to render a professional opinion concerning the operation and control of the company’s database system. A centralized database is maintained, and these data are shared ...Indicate the objective of the following questions, which are abstracted from an EDP internal control questionnaire. What error or weakness might exist if the answer to a specific question is “No”?a. Do management and ...The Magic Rock Company of Houston, Texas, is implementing a computer- based inventory control system. The system will use a sequentially organized inventory master file and a transaction file. Transactions will be batched ...After a shipment is prepared, the shipping department pre-pares a shipping order form in three copies. The first copy is included with the goods sent to the customer as a packing slip. The second copy is forwarded to the ...
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