What Are the Three Broad Categories of Application Controls

question 101

Short Answer

What are the three broad categories of application controls?

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Definitions:

Office Equipment

Tangible items such as computers, desks, and chairs used to facilitate operations in a corporate office setting.

Land

A natural resource not man-made, referring to the earth's surface extending downward to the center of the earth and upward to infinity, including permanently attached natural objects.

Purchase Price

The amount of money that is paid to acquire a good, service, or asset.

New Business Site

The location chosen for establishing a new branch, office, or manufacturing facility of a company.