The System Feature That Is Audited to See If the System's

question 75

Multiple Choice

The system feature that is audited to see if the system's operations are carried out to achieve the greatest productivity from available resources is referred to as:

• A)efficiency.
• B)effectiveness.
• C)adequacy of controls.
• D)compliance with company policy.

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Definitions:

Central Banking System

The institution that manages a country's currency supply, monetary policy, and financial institutions, usually aiming to ensure economic stability.

Progressive Reforms

Initiatives and policies aimed at addressing social injustice, corruption, and economic inequality in the early 20th century United States.

Economic Recession

A period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters.