Which of the Following Is NOT an Application Control

question 88

Multiple Choice

Which of the following is NOT an application control?

• A) Reasonableness test for unit selling price of sale
• B) Preprocessing authorisation of sales transactions
• C) Separation of duties between computer programmer and operators
• D) Post- processing review of sales transactions by the sales department

Recognize how courts interpret and apply promissory estoppel in relation to oral contracts and the statute of frauds.

Understand enforceability conditions of oral promises in specific situations.

Comprehend the statute of frauds and its application to various agreements.

Recognize the importance of writing in making certain agreements enforceable.

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Definitions:

Cellular Network

A wireless communication network distributed over land areas called cells, each served by at least one fixed-location transceiver, for mobile phones and data transfer.

Debit Card

A card that directly withdraws funds from a user's checking account to cover the cost of a purchase.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services based on the holder's promise to pay for them later.