An Apparent Error in Input Data Describing an Inventory Item

question 5

Multiple Choice

An apparent error in input data describing an inventory item received was referred back to the originating department for correction.A week later the department complained that the inventory in question was incorrect.Data processing could not easily determine whether or not the item had been processed by the computer.The best control procedure would be:

• A)Input edit checks
• B)Missing data validity check
• C)Transmittal control
• D)An error log

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Definitions:

Variable Expenses

Costs or expenses that vary in direct proportion to changes in business activity levels, such as sales volumes or production output.

Unit Variable Cost

The cost that varies directly with the production of one additional unit of a product.

Marketing Manager

A professional role responsible for planning, executing, and overseeing marketing strategies and initiatives to promote products, services, or brands.

Monthly Sales

The total revenue generated from sales transactions within a month.