Manual Controls

question 35

Multiple Choice

Manual controls:

• A)can be classified as program change controls or logical access controls.
• B)generally rely on the client's IT applications in some way.
• C)support the ongoing functioning of the programmed aspects of prevent and detect controls.
• D)do not rely on the client's IT environment for their operation.

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Definitions:

Market Demand

The overall amount of a product or service that every consumer in a market is ready and capable of buying at different price levels.

Negative Externalities

Unintended and uncompensated costs imposed by one party's actions on others not involved in the transaction.

Efficiency Loss

The loss of economic efficiency that can occur when the balance between supply and demand is not achieved, leading to potential welfare loss.

Deadweight Loss

See efficiency loss.