The purpose of the (batch) control total in accounting information systems is to ensure a certain measure of accuracy and completeness in a set of accounting data. Three (3) of the most familiar types of control totals are:
i. Record counts

ii. Financial control totals

iii. Hash totals.

a) Explain how control totals are used as a control of business processes (i.e. what do people do with control totals?) 

b) Although control totals are useful as a test of completeness, control totals (by themselves) may be inadequate (e.g. limited in broad application) as a test of data accuracy or data validity. Discuss three (3) situations where this inadequacy may be seen or reasons why this inadequacy arises. 

Answer rating: 100% (QA)

Answer Control sums are the entirety of all figures in a predefined field of a cluster of records These can help in validating certain ends just as di... View the full answer