Inserting a Dummy Entity in a Company's System;processing Test Transactions

question 75

Multiple Choice

Inserting a dummy entity in a company's system;processing test transactions to update that will not affect actual records is an example of

• A)integrated test facility.
• B)snapshot technique.
• C)system control audit review file.
• D)audit hooks.

---

Definitions:

Inefficient Market Theory

The theory that asserts markets are not always perfectly efficient, meaning not all available information is always fully reflected in asset prices.

Technical Analysis

A trading approach that evaluates investments and identifies trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.

Stock Prices

The cost of purchasing a share in the ownership of a public company, reflecting its valuation and investor demand.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.