A Computer Operator Was in a Hurry and Accidentally Used

question 25

Multiple Choice

A computer operator was in a hurry and accidentally used the wrong master file to process a transaction file.As a result,the accounts receivable master file was erased.Which control would prevent this from happening?

• A)header label check
• B)expiration date check
• C)version check
• D)validity check

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to assess the company's worth.

Stock Dividend

A distribution of extra shares to shareholders, rather than distributing profits in cash.

Shares Outstanding

The aggregate amount of shares held by all stakeholders in a company, encompassing those retained by institutional investors and the restricted shares in possession of the company's executives and insiders.

Stock Price

This is the cost of a single share of a company’s stock, a direct reflection of what investors believe a company is worth.