To Reduce the Risks of Incomplete and Inaccurate Data During

question 48

Multiple Choice

To reduce the risks of incomplete and inaccurate data during data extraction and validation in the process of updating general ledger,which of the following controls can be used?

• A)Batch totals
• B)Hash totals
• C)Use ledger control accounts
• D)All of the options are correct.

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Definitions:

Backward-looking Reasons

Justifications for actions or decisions that are based on events, information, or values from the past.

Act Consequentialism

A moral theory that assesses the morality of actions based on their outcomes or consequences.

Act Consequentialism

An ethical theory that judges the moral worth of an action based solely on the outcomes or consequences of that action.

Case-by-case Basis

An approach to decision-making that involves evaluating each situation individually rather than applying a general rule.