Which of the Following Refers to the Procedures That Keep

question 45

Multiple Choice

Which of the following refers to the procedures that keep data current?

• A)file maintenance
• B)authentication integrity
• C)data validation
• D)information checking

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Definitions:

Capital Balances

The amount of money in a company's accounts that represents the capital contributed by the owners or shareholders.

Capital Interest

The stake that a particular investor holds in the equity of a firm, often represented by the share of the company's capital owned by the investor.

Profits and Losses

Financial terms that represent the positive (profits) or negative (losses) financial outcomes of a business's operations over a particular period.

Partnership Entry

The initial recording of an individual's or entity's investment into a partnership.