Matching Customer Account Numbers and Inventory Item Numbers to the Numbers

question 107

Multiple Choice

Matching customer account numbers and inventory item numbers to the numbers in the customer and inventory master files is an example of a

• A)completeness test.
• B)field check.
• C)reasonableness test.
• D)validity check.

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Definitions:

Limited Liability

A legal structure that restricts the financial liability of owners or shareholders of a company to the amount they have invested in the company.

Syndicate

An investment group that comes together for the explicit purpose of financing a specific large project.

Financing

The process of providing or obtaining the necessary funds for an endeavor such as a business venture, purchase, or investment.

Specific Large Project

A notable and extensively scaled project defined by its unique scope, budget, or impact.