The Concept of Computer General Controls, Controlling Computer Systems, and Programs

question 68

Multiple Choice

The concept of computer general controls, controlling computer systems, and programs is an example of a(an) ________.

• A)layering activity
• B)IT activity
• C)general control activity
• D)auditing process activity

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Definitions:

Present Value

The present worth of a future amount of money or series of cash flows when a certain rate of return is applied.

Multiple IRRs

This occurs when a project or investment has more than one internal rate of return, typically due to multiple cash flow sign changes over the investment's lifetime.

Negative Cash Flow

A situation where a business or individual's outgoing cash exceeds the incoming cash during a specific period, indicating potential financial trouble.