Please discuss IT general controls and give examples of controls that you encounter is your daily life.

Question:

Please discuss IT general controls and give examples of controls that you encounter is your daily life. Include in your discussion, the purposes and effectiveness of these controls.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Essentials of Management

ISBN: 978-0538478236

9th Edition

Authors: Andrew J. DuBrin

See More Books

Question Posted: Mar 31, 2017 02:16 PM

See More Questions

Following are 10 key internal controls in the payroll cycle for Gilman Stores, Inc. Key Controls 1. To input hours worked, payroll accounting personnel input the employee's Social Security number....
Use a few sentences to describe IT general controls and application controls. Give a few examples of these two types of controls.
Discuss why IT general controls are considered pervasive. How do IT general controls impact application controls?
A plank with a mass M = 6.00 kg rides on top of two identical solid cylindrical rollers that have R = 5.00 cm and m = 2.00 kg (Fig. P10.86). The plank is pulled by a constant horizontal force F of...
If = 0.001, determine whether step size adjustment is required for Example 25.12.
Discuss how these hotels are using strategic and performance consulting approach to developing training efforts?
Consider the flow in cylindrical coordinates with no dependence on $\theta$. How is the streamfunction defined? What is the non-vanishing component of vorticity. Show that the $E^{2}$ operator...
Portman Industries just paid a dividend of $2.16 per share. Portman expects dividends to grow by 12% over the next year. The next year, the dividend is expected to grow at a constant rate of 2.4% per...
How is 7%, 10%, and 15% calculated under the following "Discount Rates Applied to the CFs:" highlighted below. Data below. Please include formulas and information on how problem is solved. INPUT...
State Banks balance sheet is listed below. Market yields and durations (in years) are in parenthesis, and amounts are in millions. a. What is State Banks duration gap? b. Use these duration values to...
First read Marc Onetto, "When Toyota Met E-commerce: Lean at Amazon." McKinsey Quarterly, February 2014. What does Amazon do to streamline its supply chain? Do you think this would work with other...
You are given the following information: Costs Make option Buy Option Fixed Cost $125,000 $5,000 Variable Cost $15 $17 A. Find the break even quantity and the total cost at the breakeven point. B. If...
Find the maximum harvest from a population following the discrete-time dynamical system Nt + 1 = rNt(1 - Nt) - hNt for the given values of r. a. Find the equilibrium population as a function of h....
Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the...
Explain the necessary components of an executive summary and share the city and only one recommendation that you have proposed to expand and grow by building a new hospital. Describe two components...
Does the hedonic treadmill help or hinder the pursuit of happiness? You must explore both the pros and cons here. From or class material, or any other source, give reasons why?
1. As explained in chapter one, accounting is a measurement and communication discipline based on rules referred to as generally accepted accounting (GAAP). Explain what are pros and cons of GAAP? ...
This week, we learned about stock dividends and stock splits. Identify a company that has done a stock split within the last five years. Discuss the terms of the stock splits and what factors led to...
Grand Corp.s 20X2 financial statements showed the following: Additional information: During the year, equipment with an original cost of $82,000 was sold for cash. Required: 1. Prepare the SCF, in...
ABC company leased new advanced computer equipment to STU Ltd on 1 January 2019.STULtd has to pay annual rental of $290,000 starting at 1 January 2019. It is a four years lease with ultimate rental...
The cover for a 10 22-in. access hole in an oil storage tank is attached to the outside of the tank with four bolts as shown. Knowing that the specific weight of the oil is 57.4 lb/ft 3 and that the...
A vertical trapezoidal gate that is used as an automatic valve is held shut by two springs attached to hinges located along edge AB. Knowing that each spring exerts a couple of magnitude 8.50kN m,...
A 10 wedge is used to split a section of a log. The coefficient of static friction between the wedge and the log is 0.35. Knowing that a force P of magnitude 600 lb was required to insert the wedge,...
The following information is available for ADT Company, which produces special-order security produc order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct...
Stahelin Valves produces a single component, a valve. The valve sells for $43 per unit. Fixed costs are $1,605,000 annually. Production and sales of 407,000 units annually results in profit before...
Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $29,000 (original cost of $78,500 less accumulated depreciation of $49,500) and...

Please discuss IT general controls and give examples of controls that you encounter is your daily life.

Question:

Step by Step Answer:

Some of the IT general controls are as follows 1 System development life cycle controls SDLC is a co...View the full answer

Essentials of Management

Students also viewed these Cost Accounting questions