Which of the following is an advantage of a computer-based system for transactionprocessing over a manual system? A computer-based system(1) does not require as stringent a set of internal controls.(2) will produce a more accurate set of financial statements.(3) will be more efficient in generating financial statements.(4) eliminates the need to reconcile control accounts and subsidiary ledgers

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A: “Since you have posted a many question, we will solve first question for you. To get the remaining…

Q: Explain how client internal controls can be improved through the proper installation of IT.

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