A Computer Operator Accidentally Used the Wrong Master File When

question 43

Multiple Choice

A computer operator accidentally used the wrong master file when updating a transaction file.As a result,the master file data is now unreadable.Which control could best have prevented this from happening?

• A)Header record.
• B)Validity check.
• C)Trailer record.
• D)Parity check.

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Definitions:

Canadian Common Stocks

Shares representing equity ownership in corporations based in Canada, entitling holders to vote on corporate matters and receive dividends.

Long Bonds

Bonds with a long duration to maturity, typically over 10 years, often associated with higher risk but higher yield.

Capital Gains Yield

The price appreciation component of the total return on an investment, calculated as the increase in the investment's price divided by its initial price.

Dividends

Profit distributions paid out to shareholders by a company.