Controls Which Are Designed to Assure That the Information Processed

question 83

Multiple Choice

Controls which are designed to assure that the information processed by the computer is authorized, complete, and accurate are called:

• A)input controls.
• B)processing controls.
• C)output controls.
• D)general controls.

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Definitions:

IPO

Initial Public Offering, the process by which a private company goes public by selling its stocks to the general public for the first time.

Security Offerings

The process of issuing new securities to investors in order to raise capital for the corporation. This can include stocks, bonds, or other financial instruments.

IPO

IPO stands for Initial Public Offering, which is the process through which a private company goes public by selling its shares to the general public for the first time.

Green Shoe Option

A clause in an IPO that allows underwriters to buy and sell additional shares than originally planned, stabilizing the stock price.