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NEW QUESTION: 1
Which of the following is not an argument for principles-based approach to corporate governance?
A. The same rules might not be suitable for every company
B. There are some aspects of corporate governance that cannot be regulated easily
C. Companies do not have the choice of ignoring the rules
D. The most suitable corporate governance practices can differ between companies
Answer: C

NEW QUESTION: 2
According to MA guidance, which of the following best describes an adequate management (audit) trail application control for the general ledger?
A. Report confirming that the general ledger data was processed without error.
B. Report identifying general ledger transactions by time and individual
C. Report comparing processing results with original input
D. Report identifying data that is outside of system parameters
Answer: B

NEW QUESTION: 3
A user creates an incoming payment for a customer and selects two invoices to be paid. When the user tries to post the payment the system message that is shown in the attached screenshot appears.
What are possible reasons for this system message? Note There are 2 conect answers to this question.

A. The user did NOT choose a payment means
B. The customer uses a foreign currency and the exchange rate is NOT set up
C. The invoices are NOT due yet
D. The amount in the Payment Means window does NOT match the total amount of invoices
Answer: A,D