Which of the following is a good example of an IT application control over the occurrence of revenue transactions? 1

Accounting Sep 18, 2020

Which of the following is a good example of an IT application control over the occurrence of revenue transactions?

1. Physical access to computer systems is limited only to specific personnel who work in the revenue process.

2. The software application compares information on a sales invoice with information from the bill of lading to ensure that sales invoices are only prepared for actual shipments. Any exceptions are not processed and are set aside for manual follow-up.