COSO identifies two broad groupings of information system controls. What are they?
Answer to relevant QuestionsThe general ledger clerk receives summary data from which departments? What form of summary data?What are the advantages of real-time processing?How could an employee embezzle funds by issuing an unauthorized sales credit memo if the appropriate segregation of duties and authorization controls were not in place?What exposures do data consolidation in a CBIS environment pose?In an EDI system, only the customer needs to verify that the order being placed is from a lid supplier and not vice versa. Do you agree with this statement? Why or why not?
Post your question