Achieving Which Control Goal Requires That All Valid Objects or Events

question 25

Multiple Choice

Achieving which control goal requires that all valid objects or events are captured and entered into a system's database once and only once?

• A) ensure input validity
• B) ensure update accuracy
• C) ensure input completeness
• D) ensure update completeness

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Definitions:

Market Price

The current price at which a commodity, security, or service can be bought or sold in a particular market.

Willingness to Pay

The maximum amount an individual is prepared to spend for a particular good or service.

Consumer Surplus

The gap between the aggregate amount that buyers are willing and able to allocate for a good or service and the total sum they really pay.

Consumer Surplus

The variance between consumers' potential payment for a good or service and their actual expenditure.