Outline the subsequent actions the company had to carry out to put the computerised accounting system into operation. Your response should take account of both accuracy and security.
Complete the table to show how correcting the errors affects the draft profit for the year. In the second column, put the amount by which draft profit for the year would change because of each error correction. Indicate whether profit rises or falls. If no correction is needed, write Nil. In the third column, explain why the correction is required, or why none is required.
Explain why the errors corrected in (b) were not produced by the computerised accounting system.