Question: A banks automatic teller machine (ATM) issues cash automatically to its customers through currency-dispensing machines. Data communication networks and databases are used to interconnect ATM

A banks automatic teller machine (ATM) issues cash automatically to its customers through currency-dispensing machines. Data communication networks and databases are used to interconnect ATM subsystems. The validity check is one of the most important ATM edit checks. Validity checks include:

Select one:

a. A numerical amount in a record that is not to exceed a predetermined amount.

b. Comparison of identification numbers or transaction codes with those known to be legitimate.

c. Check whether the characters in a field belong to the class it's supposed to contain.

d. The logical consistency of relationships between the values of the data items on an input record and those in the file.

(auditing subject)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!