A Bank Wants to Reject Erroneous Account Numbers to Avoid

question 49

Multiple Choice

A bank wants to reject erroneous account numbers to avoid invalid input.Management of the bank was told that there is a method that involves adding another number at the end of the account numbers and subjecting the other numbers to an algorithm to compare with the extra numbers.What technique is this?

• A)Optical character recognition (OCR)software.
• B)Check digit.
• C)Validity check.
• D)Field (format)check.

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Definitions:

Research Design

The framework or plan for a study that guides the collection and analysis of data, determining the type, sources, and methods of data gathering and analysis.

Data Analysis Decisions

The process of systematically applying statistical and logical techniques to describe, illustrate, condense, recap, and evaluate data.

Sampling Plan

A strategy that specifies how samples will be collected from a population for research purposes.

Observational Research

Observational Research is a method of data collection where researchers observe and document behaviors, actions, or processes as they naturally occur, without interference or manipulation.