Application Controls in an IT System That Processed Sales Transactions

question 12

Multiple Choice

Application controls in an IT system that processed sales transactions would include:

• A)Availability
• B)Accuracy and completeness
• C)Security
• D)Processing integrity

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Definitions:

Satisfy Demand

The ability of a company or market to meet the consumer demand for goods or services, either through current supply or production capacity.

Constrained Resource

A factor that limits the output of a process or the achievement of organizational goals, often critical in determining maximum production or service levels.

Special Order

An order for a product or service that is not part of the company's usual offerings or produced under unique specifications, often at a negotiated price.

Minimum Price

The lowest price at which a product or service can be sold, often set to cover costs or comply with legal requirements.