The Following Are Types of Internal Controls EXCEPT _____ Controls

question 63

Multiple Choice

The following are types of internal controls EXCEPT _____ controls.

• A) Preventive
• B) Retrospective
• C) Corrective
• D) Detective

Understand how to create and modify database queries in Access.

Learn how to manage table relationships and enforce referential integrity.

Grasp the concept of multivalued and lookup fields.

Comprehend the use of validation rules, validation text, and default values in table design.

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Definitions:

Maximize Benefits

The process of optimizing outcomes or advantages from a given set of resources or actions.

Compounded Annually

Interest that is calculated and added to the principal once every year.

Compounded Quarterly

A compound interest calculation where the frequency of compounding is every three months, affecting the overall growth of an investment or debt.

Periodic Interest Rate

The rate of interest earned in one compounding period.