Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter16: Auditing It Controls Part Iii: Systems Development, Program Changes, And Application Auditing
Section: Chapter Questions
Problem 4DQ: What are rounding error routines, and why are they used?
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Question
![Which of the following is not a disadvantage of the payback period method?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
The period set is arbitrary.
b
It is easy to understand.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fde623c10-ef3b-4bed-a459-f166acb86a4d%2F597dd00e-d952-462e-88e6-eafc32471966%2F8u48e0n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is not a disadvantage of the payback period method?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
The period set is arbitrary.
b
It is easy to understand.
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