Final answer:
Verifications can indeed be run on associated entities, particularly in business contexts, to ensure accuracy and prevent fraud in financial dealings.
Step-by-step explanation:
True or False: Verifications can be run on associated entities. The statement is True. In the context of business, particularly within finance, auditing, and compliance, verifications are a standard practice used to evaluate the legitimacy and accuracy of various aspects related to associated entities. These entities could include subsidiaries, partners, vendors, or customers that a business interacts with. Verification procedures are crucial to ensure transparency and to prevent fraud, errors, or misrepresentation in financial statements or other official documents. For example, an auditor may verify the financial transactions between the parent company and its subsidiaries to ensure that all parties are accurately reporting these transactions in compliance with applicable laws and accounting standards.
True. Verifications can be run on associated entities in certain programming languages or frameworks. In object-oriented programming, for example, an entity can have a relationship with another entity through an association or reference. When performing verifications, you can access and validate associated entities to ensure data integrity and consistency.For instance, in a database model where a customer entity is associated with an order entity, you can run verifications on the order entity to check if it adheres to certain rules or constraints. This allows you to validate the entire set of data related to a particular entity.