Question

In: Accounting

Q8 To prevent the loss of valuable data in the revenue cycle, internal file labels can...

Q8

To prevent the loss of valuable data in the revenue cycle, internal file labels can be used to

keep competitors from accessing files.

record off-site storage locations.

organize the on-site physical storage site.

reduce the possibility of erasing important files.

Solutions

Expert Solution

Correct answer:

Option (4) or reduce the possibility of erasing important files is the correct answer. Internal file labels can be used for different purposes such as preventing the processing of wrong file, unauthorized accessing data and  preventing the destruction or erasion of important data.The operating system is used to perform the process of internal file labels.Thefore to prevent the loss of valuable data, the internal file labels can be used to reduce the possibility of erasing important files.

Incorrect answers:

Option(1) or keep competitors from accessing files is incorrect answer because internal file labels is used to reduce the possibility of erasing important files.

Option(2) or record off-site storage locations is not the correct answer because internal file labels is to prevent the destruction or erasion of important data or file.

Option(3) or organize the on-site physical storage site is not the correct answer because internal file labels helps to reduce or prevent the erasing important data or file.

So correct answer is option (4)


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