341 - Final Exam All 237 Questions And Correct Detailed Answers With Rationales (Verified Answers) |already Graded A+

Sign check {Ans: The sign check is used to check if a data value is the proper arithmetic sign (positive or negative). A sign check can highlight illogical balances in a master file record to verify that a balance is valid. For example, a negative balance for the quantity on hand for a particular item in inventory is a likely error.}Sequence Check {Ans: The control number follows sequentially and any sequence or duplicated control numbers are rejected or noted on an exception report for follow-up purposes. Example: The day's invoices begin with 12001 and end with 15045. If any invoice larger than 15045 is encountered during processing, that invoice would be rejected as an invalid invoice number}Default value {Ans: Default values set a field contents to a pre-specified (default) value. In some cases the default values may be overridden, while in other cases they may not}Encryption algorithm {Ans: A mathematically based function or calculation that encrypts/decrypts data}Controls do not eliminate risks, but: {Ans: They mitigate risk Internal control provides reasonable, rather than absolute, assurance}GLBA {Ans: Gramm-Leach-Bliley Act - Sets rules regarding the protection of personally identifiable information}