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What is the objective of a transaction log?
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Accounting Information Systems
10th Edition
Hall + 1 other
Publisher: Cengage Learning,
ISBN: 9781337619202
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BuyFindarrow_forward
Accounting Information Systems
10th Edition
Hall + 1 other
Publisher: Cengage Learning,
ISBN: 9781337619202
Chapter 3, Problem 45RQ
Textbook Problem
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What is the objective of a transaction log?
To determine
Explain the objective of a transaction log.
Explanation of Solution
Auditing:
In auditing, auditors verify the correctness and fair presentation of financial statements presented to users. Auditing is conducted with an aim of achieving user’s confidence in the presented financial statements.
Transaction log is a record of transactions made in the system. Transaction log acts as a journal...
Chapter 3 Solutions
Accounting Information Systems
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