A Control in Which Two People Key the Same Inputs

question 50

Multiple Choice

A control in which two people key the same inputs into a system where they are automatically compared is called:

• A)online prompting
• B)key verification
• C)computer matching procedures
• D)a redundancy check

---

Definitions:

Total Assets

The sum of all assets owned by a company, including cash, investments, and physical property.

Owners' Equity

Represents the residual interest in the assets of an entity after deducting liabilities, essentially the net worth belonging to owners.

Financial Blueprint

A detailed plan outlining an entity's financial strategy, including income, expenditures, investments, and savings goals.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll.