Which of the Following Characteristics Distinguishes Computer Processing from Manual

question 634

Multiple Choice

Which of the following characteristics distinguishes computer processing from manual processing?

• A) Computer processing virtually eliminates the occurrence of computational error normally associated with manual processing.
• B) Errors or irregularities in computer processing will be detected soon after their occurrences.
• C) The potential for systematic error is ordinarily greater in manual processing than in computerized processing.
• D) Most computer systems are designed so that transaction trails useful for audit purposes do not exist.

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Definitions:

Expected Monetary Value

The predicted amount of money that an action or decision is expected to generate, considering all possible outcomes and their probabilities.

Index Funds

Mutual funds or exchange-traded funds designed to replicate the performance of a specific index, such as the S&P 500.

Day Trader

An individual who buys and sells financial instruments, such as stocks, within the same trading day, aiming to capitalize on short-term market fluctuations.

Investing

The act of dedicating resources (such as capital, time, or effort) to an endeavor with the expectation of achieving a profit or material result.