Which of the Following Is NOT True of a Sound

question 9

Multiple Choice

Which of the following is NOT true of a sound system of internal control?

• A) Implementation of controls involves costs.
• B) A sound system of internal control is the responsibility of management.
• C) Through it, errors and irregularities will be eliminated.
• D) It prevents collusion between employees.

Grasp the concept of file streams and their direction (input or output).

Comprehend the process of opening and closing file streams in C.

Learn about file access modes and their implications on file handling.

Understand how to check for errors when opening a file and the importance of handling these errors.

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Definitions:

Unemployment

The failure to use all available economic resources to produce desired goods and services; the failure of the economy to fully employ its labor force.

Command Economies

Economic systems where the government controls the production, distribution, and consumption of goods and services.

Positive Statement

An objective statement based on fact that can be tested and validated, often used in the description of economic behaviors.

Economic Policy

Strategies and actions taken by the government or regulatory bodies to influence the economy, including fiscal, monetary, and trade policies.