Provide examples of continuous monitoring and periodic monitoring.
Answer to relevant QuestionsWhat are the factors that limit the effectiveness of internal controls? Think of a job you have held, and consider whether the control environment was risky or conservative. Describe which you chose and whyName the objectives of an effective accounting system. Identify whether each of the following activities represents preventative controls, detective controls, or corrective controls:Job rotationPreparation of bank reconciliationSegregation of dutiesRecalculating totals on ...How does encryption assist in limiting unauthorized access to data?
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