Identify to Indicate Whether Each Procedure Is a Preventive or Detective

question 24

Essay

Identify to indicate whether each procedure is a preventive or detective control.
​

Identify different types of software and their purposes.

Understand the structure and organization of data in relational databases.

Understand software licensing and the legal implications of software use.

Recognize the importance of backup and restore points before installing or updating software.

---

Definitions:

Variable Cost

A cost that changes in proportion to the level of activity or volume of production in a business.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales.

Absorption Costing

A method of inventory costing that includes all manufacturing costs, both variable and fixed, in the cost of a product.

Idle Capacity

The available but unused capacity of a company to produce goods or services without incurring additional fixed costs.