When Using the Test Data Approach

question 43

Multiple Choice

When using the test data approach:

• A)test data should include data that the client's system should accept or reject.
• B)application programs tested must be virtually identical to those used by employees.
• C)select data may remain in the client system after testing.
• D)none of the above statements is correct.

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Definitions:

Comparability

An accounting principle that allows financial information to be compared across different periods or companies for analysis.

Financial Information

Data related to the financial status and activities of an individual, company, or organization.

Similar Manner

Describes actions or processes conducted in a way that is analogous or comparable to another, often used to ensure consistency.

Stock Markets

Public markets where shares of companies are issued and traded, allowing companies to raise capital and investors to make investments in these companies.