Which Statement Is Not Correct

question 65

Multiple Choice

Which statement is not correct?

• A) only successful transactions are recorded on a transaction log
• B) unsuccessful transactions are recorded in an error file
• C) a transaction log is a temporary file
• D) a hardcopy transaction listing is provided to users

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Definitions:

Special-Interest Effect

The phenomenon where policy outcomes are influenced by small groups (special interests) who benefit at the expense of a larger group.

Voting Paradox

A situation in collective decision-making where individual preferences do not result in a consistent collective decision, often leading to unexpected or contradictory outcomes.

Freedom to Farm Act

Legislation aimed at reducing government intervention in agricultural markets, emphasizing market-based mechanisms for crop production.

Farm Subsidies

Financial assistance provided by the government to farmers, intended to supplement their income and stabilize food prices.