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1. Describe a situation in your daily activities, working or not, where you have experienced or employed controls described in this chapter.

2. When we record our exams into the spreadsheet used for our gradebook, we employ the following procedures:

a. For each exam, manually add up the grade for each exam and record on the front page.

b. Manually calculate the average grade for all of the exams.

c. Input the score for each part of each exam into the spreadsheet.

d. Compare the exam total on the front page of the exam to the total prepared by the computer.

e. After all the exams have been entered, compare the average grade calculated by the computer with that calculated manually
Describe how this process employs controls introduced in this chapter.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92169897

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