Run-To-Run Control Totals Can Be Used for All of the Following

question 62

Multiple Choice

Run-to-run control totals can be used for all of the following except

• A)to ensure that all data input is validated
• B)to ensure that only transactions of a similar type are being processed
• C)to ensure the records are in sequence and are not missing
• D)to ensure that no transaction is omitted

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Definitions:

Computerized Optical Scanning Equipment

Technology devices used for electronically converting images of text, handwriting, or printed documents into machine-encoded text or images.

Perpetual Systems

Inventory management systems that continuously update the record of inventory levels with each sale or purchase, providing real-time information.

Inventory Purchases

Transactions made by a business to acquire goods intended for sale during the normal course of operations.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.