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Which ONE of the following statements does NOT describe a way in which an effective accounting system facilitates the provision of useful accounting information?
A) By requiring authorisation in line with organisational policies
B) By processing and recording transactions in accordance with accounting rules
C) By preventing transactions from being processed inaccurately
D) By enabling transactions to be recorded as necessary to permit preparation of financial statementsAnswer- C
I am unable to understand this question and do not know how C is answer and others are not. Can you help me again, tutor?No system can stop a transaction being entered wrongly and therefore being processed wrongly.
An effective system will make sure the other requirements are in place.
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