Controls Which Are Designed to Assure That the Information Entered

question 103

Multiple Choice

Controls which are designed to assure that the information entered into 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:

Income

Money received, especially on a regular basis, from work, property, or investments.

Utility Function

A mathematical representation of a consumer's preference ordering over a set of goods or outcomes.

Consumption

The process of using goods and services to satisfy wants and needs.

Interest Rate

An interest rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan remaining.