The Integrity of a Program's Output Is Only as Good

question 1

True/False

The integrity of a program's output is only as good as the integrity of its input. for this reason the program should discard input that is invalid and prompt the user to enter correct data.

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Definitions:

Economic Profit

The difference between the total revenues received by a business and the total opportunity costs of all resources used in the production.

Accounting Profit

The net income of a business as calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Savings

Money that is not spent and is set aside for future use, often in a bank account or other financial instrument.

Financial Statements

Official records that detail the financial activities and condition of a business or individual, including the balance sheet, income statement, and cash flow statement.