A Control in Which Two People Key the Same Inputs

question 78

Multiple Choice

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

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

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Definitions:

Marginal Tax Rate

The rate at which the last dollar of income is taxed, reflecting the percentage of additional income that is paid in taxes.

Average Tax Rate

The ratio of the total amount of taxes paid to the total income, showing the share of income that goes to taxes.

Income Tax System

The framework by which governments collect a percentage of income from individuals and businesses as tax, which varies according to earnings levels.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, representing the percentage of additional income that is paid in tax.