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NEW QUESTION: 1
The BEST method of proving the accuracy of a system tax calculation is by:
A. preparing simulated transactions for processing and comparing the results to predetermined results.
B. detailed visual review and analysis of the source code of the calculation programs
C. recreating program logic using generalized audit software to calculate monthly totals.
D. automatic flowcharting and analysis of the source code of the calculation programs.
Answer: A
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 B
B. Option A
C. Option C
D. Option D
Answer: A
NEW QUESTION: 3
You need to configure sales for the cash and carry desk.
What should you select?
A. Payment Method with a value of
B. Direct Debit Mandate with a value of
C. Payment Service
D. Payment Terms with a value of
Answer: D