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Many application controls are useful for enhancing the reliability of both transaction data and master record data. This application control compares the data entered into a field for a transaction to that in a master record to verify the data entered exists.

A. True

B. False

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  1. 29 March, 10:37
    0
    True

    Explanation:

    In most accounting software like SAP, Application control performs what is known as validity check.

    And Validity check is when this application control compares the data entered into a field for a transaction to that in a master record to verify the data entered exists.

    With above definition we can infer that the question statement is true.
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