The Most Important Output Control Is

question 27

Multiple Choice

The most important output control is:

• A) distribution control, which assures that only authorised personnel receive the reports generated by the system.
• B) review of the data for reasonableness by someone who knows what the output should look like.
• C) control totals, which are used to verify that the computer's results are correct.
• D) logic tests, which verify that no mistakes were made in processing.

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Definitions:

Price Elasticity

A measure of how much the quantity demanded or supplied of a product changes in response to a change in its price.

Inelastic

A description of a situation where the quantity demanded or supplied changes by a smaller percentage than the changes in price.

Demand Sensitive

Reacting to changes in consumer demand, often affecting pricing and production decisions.

Long-Run Demand

The overall demand for a product or service over an extended period, considering changes in market conditions and preferences.