The values validation test makes sure that values come from a standard set of values
Indicate whether the statement is true or false
TRUE
Explanation: For example, one type of values validation tests to ensure that data are of proper type (e.g., all numeric, all alphabetic, alphanumeric).
CL
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From the following details of a merchandiser, calculate the cost of goods sold. (Assume the merchandiser uses the periodic inventory system.)
A) $115,650
B) $59,800
C) $113,800
D) $51,650
A challenge in integrating information systems is that the United States uses a 12-hour time notation with the addition of a.m. or p.m., while other parts of the world use a 24-hour notation.
Answer the following statement true (T) or false (F)
The principles of internal control include:
A. Require automated sales systems. B. Separate recordkeeping from custody of assets. C. Use only computerized systems. D. Bond all employees. E. Maintain minimal records.
The forecast time horizon for tactical decision-making is ______.
A. short term B. medium term C. long term D. very long term