w Ons we ych 4. Select the true statement from those given below. A. Capital processes require top management approval while investment only require treasurer approval. B. Both the capital process and the investment process require only approval. C. Both the capital process and the investment process require top management approval D. Neither the enpital process nor the investment processes require top management approval. yollando payd 5. This type of transaction is one that a business encounters on a regular, recurring basis. The volume of the transactions is so large that transactions and the related secounting netivities become second nature to the employees responsible for handling them. Speelfie authorization for each of these transactions is not necessary. The type of transmetion referred to is: A. Non-routine transaction B. Payroll transaction C. Fixed asset transaction D. Routine transaction 6. The information from a purchase must flow into the purchase recording systems, the accounts payable and cash disbursement systems, and the inventory tracking systems. In an IT accounting system, these recording and processing systems are called: A. General Ledger Systems B. Integrated Accounting Systems C. Journal Application Systems D. Transaction Processing Systems