ACC250 week5 checkpoint - 5127

Solution Detail
Price: $1.00
  • From: Finance,
  • Posted on: Thu 29 Mar, 2012
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Request Description

o    What is the purpose of the chart of accounts?

o    Why are internal controls and audit trails important in a computerized accounting system?

Solution Description

The purpose of the chart of accounts is to categorize all financial information. The programs for these accounts will include a standarized plan. These accounts can be structure