When the Auditor Reconciles the Program Version Numbers,which Audit Objective

question 34

Multiple Choice

When the auditor reconciles the program version numbers,which audit objective is being tested?

• A)protect applications from unauthorized changes
• B)ensure applications are free from error
• C)protect production libraries from unauthorized access
• D)ensure incompatible functions have been identified and segregated

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Definitions:

Required Return

The minimum return investors expect to receive on an investment, considering the risk associated with the investment.

Stock Price

The current price at which a share of a company can be bought or sold on the stock market.

Dividend Growth Rate

Dividend Growth Rate is the annualized percentage rate of growth of a company's dividend payments over time.

Investor's Return

The profit or loss realized on an investment over a specified period, often expressed as a percentage of the investment’s initial cost.