Which of the Following Controls Prevent and Detect Errors While

question 52

Multiple Choice

Which of the following controls prevent and detect errors while transaction data are processed?

• A) software
• B) application
• C) processing
• D) transaction

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Definitions:

Dishonored

refers to a financial instrument, like a check, being refused by the bank upon presentation for payment due to insufficient funds or other reasons.

Endorses

The act of signing the back of a check or any other document, which signifies agreement, approval, or endorsement of its contents.

Instrument

A writing that serves as evidence of the right to payment of money.

Dishonor

The refusal or inability of a party to accept or pay on a financial obligation when due.