Following Is the Result of Batch Control Totals on Employee

question 48

Multiple Choice

Following is the result of batch control totals on employee Social Security Numbers in a payroll processing transaction: The difference in the control totals is 720,000.Which data entry control would best prevent similar data entry errors in the future?

• A) Modulus 11
• B) Validity check
• C) Check digit
• D) Sequence check

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Definitions:

Dependency

A reliance on someone or something else for support or the proportion of non-working population to the working population.

Private Capital Flows

Financial resources that are invested in a country by private sector entities from other countries, including investments in equity, debt, and property.

Direct Foreign Investment

An investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

World Bank

A bank that lends (and guarantees loans) to developing countries to assist them in increasing their capital stock and thus in achieving economic growth.