Auditors of ERP systems
a. need not be concerned about segregation of duties because these systems possess strong computer controls.
b. focus on output controls such as independent verification to reconcile batch totals.
c. are concerned that managers fail to exercise adequate care in assigning permissions.
d. do not view the data warehouse as an audit or control issue at all because financial records are not stored there.
e. need not review access levels granted to users because these are determined when the system is configured and never change.
C
You might also like to view...
________ are groups to which an individual wishes to belong, as when a young basketball player hopes to play someday for the Los Angeles Lakers
A) Membership groups B) Aspirational groups C) Leading adopters D) Subcultures E) Reference groups
This question has two parts; be sure to answer both. First, explain the three ways Hugo Munsterberg believed psychologists could contribute to industry. Next, imagine that you manage a hair salon and apply each of Munsterberg's principles to your daily tasks as a manager.
What will be an ideal response?
Which of the following is not a subjective technique an entrepreneur can use to evaluate the asking price of an LBO?
A. The abilities of management and other key personnel B. The competitive position of the firm within its industry C. The uniqueness of the firm's offerings D. Price-earnings ratio
When a firm publishes success stories about how it helped another customer in addressing an issue, the type of owned media involved is called
A. a blog post. B. a branded app. C. direct selling. D. specific selling. E. a case study.