Which of the Following Is a Control Goal Regarding Master

question 121

Multiple Choice

Which of the following is a control goal regarding master data?

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

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Definitions:

Component Disposal

The act of selling or otherwise disposing of a distinct part of a company's assets, often as a part of operational restructuring.

Termination Pay

Compensation given to an employee when their employment ends as per the terms of their work contract, often depending on the duration of employment.

Asset Write-downs

Reductions in the book value of assets when their fair market value falls below the carrying value on the balance sheet.