This Batch Processing Data Entry Control Sums the Number of Items

question 32

Multiple Choice

This batch processing data entry control sums the number of items in a batch.

• A)Batch total
• B)Hash total
• C)Record count
• D)Sequence check

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Definitions:

Percentage-Of-Completion Method

An accounting technique used in long-term contracts, recognizing revenue and expenses based on the project's estimated completion level.

Revenue

The total income generated from normal business operations and before any costs or expenses are deducted.

Progress Payments

Payments made on a contract in advance of the final delivery, typically based on the completion of certain stages or milestones within the project.

Critical Event

A significant occurrence or turning point that has the potential to affect the operation, stability, or outcome of a process, project, or situation.