Define and describe the importance of physical controls
Virtually all systems, regardless of their sophistication, employ human activities that need to be controlled. This class of controls relates primarily to the human activities employed in accounting systems. These activities may be purely manual, such as the physical custody of assets, or they may involve the use of computers to record transactions or update accounts. Physical controls do not relate to the computer logic that actually performs these accounting tasks. Rather, they relate to the human activities that initiate such computer logic. In other words, physical controls do not suggest an environment in which clerks update paper accounts with pen and ink.
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An IT specialist is least likely to be necessary when:
A. the entity participates heavily in electronic commerce. B. data are shared extensively among systems. C. significant audit evidence is in electronic form. D. the system has not changed from the prior year.
In the case of a taking, just compensation includes the:
A. current fair market value plus any expected future value from the taking. B. current fair market value of the property involved in the taking. C. fair market value of the property if it were to be sold to a developer. D. fair market value of the property plus its sentimental value.
Randall Ringer and Michael Thibodeau see ________ as based on deep metaphors that connect to people's memories, associations, and stories
A) cultural branding B) narrative branding C) brand journalism D) emotional branding E) personal branding
Which of the following is defined as an attribution employers make about the probability that job candidates will make positive contributions to their organizations?
A. stereotype B. employability C. self-serving bias D. recency effect