Internal control in a computerized environment can be divided into two broad categories. What are they? Explain each
Internal controls can be divided into two broad categories. General controls apply to all or most of a system to minimize exposures that threaten the integrity of the applications being processed. These include operating system controls, data management controls, organizational structure controls, system development controls, system maintenance controls, computer center security, Internet and Intranet controls, EDI controls, and PC controls. Application controls focus on exposures related to specific parts of the system: payroll, accounts receivable, etc.
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An organization that focuses its efforts on continuously collecting information about customers' needs, sharing this information across departments, and using it to create customer value is said to have a
A. market orientation. B. societal marketing orientation. C. industry orientation. D. macroeconomic orientation. E. product orientation.
In legal terminology, evil intent is also known as ________.
A. nolo contendere B. actus reus C. mens rea D. res ipsa loquitur
Which of the following questions does NOThelp determine the relevance of an item on a data collection instrument?
a. Can I ask this question in an inoffensive way? b. Do I need this information to fulfill the purpose of my study? c. Is this the best way to obtain the information I need? d. Will this question help to establish rapport with the interviewee?
Glasvania, a European country, experiences a period of economic downturn that results in high unemployment. Almost all businesses are compelled to reduce their prices by a large margin because most consumers have limited money to spend. The given scenario exemplifies _____.
A. stagflation B. inflation C. deflation D. disinflation