Reference no: EM133153915

Questions -

What determines whether or not you add a header account or a detailed account and how would you recognize this difference on the system?

Describe the process of adding an entity (customer, supplier, or employee) to a computerized accounting system.

What needs to be considered when assessing a record-keeping system's security and accuracy?

What report in a computerized accounting system allows you to perform bank reconciliation, and what does the facility do?

How does cloud-based computing differ from desktop systems?

Describe the process to add a cost center to an accounting system.

Why might a user need to customize the Chart of Accounts?

Describe the problems that might arise from a failure to maintain and update an existing Chart of Accounts.