Source Data Automation Is Often Effective in Reducing

question 39

Multiple Choice

Source data automation is often effective in reducing

• A)unintentional errors.
• B)intentional errors.
• C)accuracy.
• D)theft.

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Definitions:

Opportunity Cost

What a business, investor, or individual forgoes in benefits when they decide on one choice over a different one.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on their income or profits.

Market Value

The present cost at which a service or asset is available for purchase or sale in the market.

MACRS Depreciation

The Modified Accelerated Cost Recovery System, a method of depreciation used for tax purposes in the United States that allows for accelerated depreciation over the asset's life.