90.1k views
2 votes
Marina is an accountant at Jasmine Hair Products. Marina received the following error message while making an adjusting entry to the general ledger: "This journal entry will cause the cash account to have a credit balance. Do you want to continue?" This is an example of a

O zero-balance check
O sign check
O validity check
O closed-loop verification

User U Rogel
by
8.6k points

1 Answer

1 vote

Final answer:

The error message Marina received is an example of a validity check. It notifies her that the adjusting entry will cause a credit balance in the cash account. The correct answer is C.

Step-by-step explanation:

The error message Marina received is an example of a validity check. A validity check is a type of error message that alerts users when data violates certain rules or conditions. In this case, the error message is notifying Marina that the adjusting entry she is trying to make will result in a credit balance in the cash account, which is not allowed.

The error message is an example of a validity check, which serves to confirm the accuracy of data before it is processed in a financial system. Similar attention to detail helped Noel prevent a significant financial error by proactively communicating after noticing an overpayment on a bill.

The error message Marina received while making an adjusting entry to the general ledger which stated, "This journal entry will cause the cash account to have a credit balance. Do you want to continue?" is an example of a validity check. A validity check is a form of error-checking procedure used by software to ensure that data entered into a system conforms to certain criteria before processing. In this case, the software warns that the adjusting entry would result in an abnormal credit balance in the cash account, which typically should have a debit balance, and thus prompts for confirmation to avoid potential errors.

An example that illustrates the importance of such checks is when Noel identified a nearly $250,000 overpayment in an equipment bill. Noel's attention to detail helped prevent a significant financial error by using multiple communication methods to alert the accounting department and the necessary personnel to address the mistake. It highlights the critical role of accuracy in the accounting and financial operations of a business.

User Eineki
by
8.4k points