Which of the Following Is Not an Example of an Applications

question 26

Multiple Choice

Which of the following is not an example of an applications control?

• A) Back-up of data is made to a remote site for data security.
• B) There is a preprocessing authorization of the sales transactions.
• C) There are reasonableness tests for the unit selling price of a sale.
• D) After processing, all sales transactions are reviewed by the sales department.

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Definitions:

Variables

Elements or features that can assume different values in a dataset or experiment.

Assumptions

Premises or conditions accepted as true without proof, used as a foundation for reasoning or calculations.

NPV

Net Present Value, a financial metric used to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Market Size

An estimate of the total demand or volume of sales for a particular product or service within a given market or geographic area.