All transactions must require a passkey The balance of the account is zero and all outstanding cheques
Question:
All transactions must require a passkey
The balance of the account is zero and all outstanding cheques have been presented
The system cannot accept a transaction that results in a debit balance
Vendors must be notified of every trial balance completed
No program should allow the deletion of an account unless the balance is zero
No amendment to transactions can be made otherwise than by a separate transaction effecting the amendment
Where the account is deleted, a copy of the account is retained in a permanent form
Feedback from previous attempt
Jillian Agas
29 Nov, 2023 3:18 PM
"No amendment to transactions can be made otherwise than by a separate transaction effecting the amendment" is incorrect. Kindly reconsider and refer to "Regulation 30 Requirements regarding computerised accounting system controls, section 2" on page 31-32 in the learner guide.
Confirming the below 1/2 is correct. - The balance of the account is zero and all outstanding cheques have been presented
Kindly provide one more appropriate response.
Expert Answer:
1 All transactions must require a passkey Implement a system where every transaction whether inputting data modifying records or processing payments r... View the full answer
