Computerized Internal Controls Are Reliable Because

question 30

Multiple Choice

Computerized internal controls are reliable because

• A)computers prevent people from entering erroneous data
• B)computers guarantee that output information is correct
• C)computers perform tasks consistently
• D)computers create their own supporting documents
• E)the computer will not "forget" or get "tired"
• F)both A and C
• G)both B and D
• H)Both C and E

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Definitions:

Tariffs

Taxes imposed by a government on imported goods and services to control trade volumes, protect domestic industries, or generate revenue.

Quotas

Limits set by governments on the quantity of a good that can be imported or exported within a certain time period to regulate trade.

Sugar

A sweet crystalline substance obtained from various plants, primarily sugar cane and sugar beet, used as a sweetener in food and drink.

Trade Protection

Policies or actions taken by a government to protect its domestic industries from foreign competition.