Discrepancies Between Data Items Recorded by a System and the Underlying

question 7

Multiple Choice

Discrepancies between data items recorded by a system and the underlying economic events or objects they represent are a violation of the information system control goal of:

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

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Definitions:

Marginal Cost

The cost of producing one additional unit of a product, highlighting the concept of incremental cost in production.

Fixed Cost

Costs that do not change with the level of output produced by a firm.

Lawn-mowing

The action of cutting the grass in a yard or garden using a lawn mower, often considered a routine maintenance task or a service industry.

Variable Costs

Expenses that change in proportion to the activity of a business such as costs for raw materials or production labor.