Which Statement Is Not True? a Batch Control Record

question 51

Multiple Choice

Which statement is not true? A batch control record

• A) contains a transaction code
• B) records the record count
• C) contains a hash total
• D) control figures in the record may be adjusted during processing
• E) All the above are true

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, in contrast to a normal good.

One-Of-A-Kind

An item or phenomenon that is unique and has no identical counterpart.

Perfectly Inelastic

A market condition where the quantity demanded or supplied does not change regardless of price fluctuations.

Cross Elasticity

Measures how the quantity demanded of one good responds to a change in the price of another good, indicating their degree of substitutability or complementarity.