Which of the Following Control Considerations Will Help Ensure That

question 96

Multiple Choice

Which of the following control considerations will help ensure that all input,processing,storage,and output activities are authorized by the appropriate managers?

• A)Security.
• B)Accuracy.
• C)Authorization.
• D)Validity.

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Definitions:

Illegal Contract

A contract that is void and unenforceable from the outset because it involves or pertains to an illegal act.

Criminal Violation

An act that breaches a statute and is punishable by the government through fines, imprisonment, or other penalties.

Illegal Agreement

An agreement that is against the law, and therefore unenforceable by the parties involved.

Exculpatory Clause

A contract provision that relieves one party from liability for harm caused during the execution of the contract.