Source Program Library Controls Should Prevent and Detect Unauthorized Access

question 5

True/False

Source program library controls should prevent and detect unauthorized access to application programs.

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Definitions:

Increase Owner's Equity

An action or event that enhances the net worth of a business as reflected in capital or owner's investment.

Decrease Assets

A reduction in the total value or amount of economic resources owned or controlled by an entity.

Owner's Equity

The residual interest in the assets of an entity that remains after deducting its liabilities, reflecting the ownership interest in the company.

Cash

Currency and other liquid instruments that are used to conduct transactions or settle debts.