Before a Completed Input Screen Is Recorded the Data Entry

question 54

Multiple Choice

Before a completed input screen is recorded the data entry clerk is asked if the data should be accepted. This is which control plan?

• A) online prompting
• B) mathematical accuracy check
• C) preformatted screen
• D) confirm input acceptance

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Definitions:

Real Rate of Interest

The rate of interest an investor expects to receive after allowing for inflation, distinguishing from the nominal rate of interest, which does not account for inflation.

Deflation

A decrease in the general price level of goods and services in an economy over a period.

CPI

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Base Year

A specific year against which economic growth, prices, or other economic indicators are measured and compared.