A Primary Objective of Output Controls Would Be

question 14

Multiple Choice

A primary objective of output controls would be:

• A)Manage the safekeeping of
• B)Assure the accuracy and completeness of the output
• C)Ensure that the input data is accurate
• D)Prevention and detection of processing errors

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Definitions:

Marginal Utility

The extra pleasure or benefit gained by a consumer from using an additional unit of a product or service.

Utility Maximization

Utility maximization is a principle in economics that suggests consumers aim to get the greatest satisfaction possible from their disposable income, choosing the mix of goods and services that maximizes their utility.

Px

Often used as a notation for the price of a good x in economic models.

Satisfaction with Life

An individual's cognitive judgment of one's life as a whole, often assessed through surveys and questionnaires.