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Unformatted text preview: or eliminate business risk, protects assets, facilitate reliable accounting, and promote efficient operations. In a computerized accounting system if changes are made to company records an audit trail records all entries and changes related to the companys date, including actions by specific users so it can be traced back to the person that made the changes to assure honesty and accuracy. With an audit trail in place, just the knowledge of it being there will deter employees from being dishonest and if they are dishonest it can be traced back to a specific employee because each employee has their own code and when using the system is logged into it with their code....
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This note was uploaded on 06/20/2010 for the course ACC 250 Accounting taught by Professor Several during the Spring '10 term at University of Phoenix.
- Spring '10