An Input Control Is Designed to Ensure That

question 30

Multiple Choice

An input control is designed to ensure that:

• A)machine processing is accurate.
• B)only authorised personnel have access to the computer area.
• C)data received for processing are properly authorised and converted to machine-readable form.
• D)electronic data processing has been performed as intended for the particular application.

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Definitions:

Red Herring Prospectus

A preliminary document shared by a company with potential investors before an initial public offering (IPO), which details the company's operations and financials but does not include the price or size of the offering.

Executive Summary

A brief section at the beginning of a document, summarizing the most important points for quick review.

Forecasting External Financing

It involves predicting the amount of external funding a company will need to support its anticipated growth and operational needs.

Management Team

The group of individuals responsible for the strategic planning and day-to-day operations of a company.