Question

    Which of the following statements is FALSE regarding

    computerised accounting?
    A A computerised accounting system eliminates all fraud risks. Correct Answer Incorrect Answer
    B It automates repetitive accounting tasks. Correct Answer Incorrect Answer
    C Audit trails help in tracking changes in financial records. Correct Answer Incorrect Answer
    D Data can be retrieved instantly from the system. Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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