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NEW QUESTION: 1
The BEST method of proving the accuracy of a system tax calculation is by:
A. automatic flowcharting and analysis of the source code of the calculation programs.
B. detailed visual review and analysis of the source code of the calculation programs
C. preparing simulated transactions for processing and comparing the results to predetermined results.
D. recreating program logic using generalized audit software to calculate monthly totals.
Answer: C
Explanation:
Preparing simulated transactions for processing and comparing the results to predetermined results is the best method for proving accuracy of a tax calculation. Detailed visual review, flowcharting and analysis of source code are not effective methods, and monthly totals would not address the accuracy of individual tax calculations.
NEW QUESTION: 2
A. Option A
B. Option B
C. Option D
D. Option C
Answer: B
NEW QUESTION: 3
You need to configure sales for the cash and carry desk.
What should you select?
A. Payment Service
B. Direct Debit Mandate with a value of
C. Payment Terms with a value of
D. Payment Method with a value of
Answer: C