Which of the following statements most likely represents a disadvantage for an entity that keeps microcomputer-prepared data

Question:

Which of the following statements most likely represents a disadvantage for an entity that keeps microcomputer-prepared data files rather than manually prepared files?

a. Attention is focused on the accuracy of the programming process rather than errors in individual transactions.

b. It is usually easier for unauthorized persons to access and alter the files.

c. Random error associated with processing similar transactions in different ways is usually greater.

d. It is usually more difficult to compare recorded accountability with physical count of assets.

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

Step by Step Answer:

Related Book For book-img-for-question

Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

See More Books

Question Posted: May 08, 2024 01:31 AM

See More Questions

Which of the following statements most likely represents a control consideration for an entity that performs its accounting using mobile computing devices? a. It is usually difficult to detect...
Let r and s be solutions to the quadratic equation x 2 b x + c = 0. For n N, define d0 = 0 d1 = r s dn = b dn1 c dn2 (n 2) Prove that dn = r n s n for all n N. [4 marks] (b) Recall that a commutative...
Describe, in outline, each of the implicit surface, NURBS surface, and constructive solid geometry methods for defining three-dimensional shapes. (b) Compare and contrast the three methods. (a)...
The owner of a smoky bar in a warm climate relies on natural exchange between the bar and outside to keep smoke levels manageable in the bar (below 50 microgram/m). Smokers account for a smoke PM10...
True or false: (a) A matrix whose columns form an orthogonal basis of Rn is an orthogonal matrix. (b) A matrix whose rows form an orthonormal basis of Rn is an orthogonal matrix. (c) An orthogonal...
A common criticism of advertising is that it stereotypes women. Discuss the ways this might occur. Do you think the Air walk ad shown in Exhibit 21-8 is suggestive and symbolizes sexual submission?
Tristate Recreation Park (TRP) finances operations with both bonds and stock. Suppose TRP issued $\$ 200,000$ of 10 -year, $6 \%$ bonds payable under various market conditions. Match each market...
Suppose that in court, Durbin argues that because the school closed down before he could finish his education, there was a failure of consideration: he did not get something of value in exchange for...
Exercise 8-14 (Algo) Determine proper treatment of a contingent liability (LO8-5) Mississippi Cruise Lines is a defendant in litigation involving a swimming accident on one of its three cruise ships....
An auditor most likely would introduce test data into a computerized payroll system to test internal controls related to the a. Existence of unclaimed payroll checks held by supervisors. b. Early...
Which of the following is not performed by computer-assisted audit programs? a. Scanning or examining computer records. b. Checking computations. c. Comparing data on different records. d. Assessing...
Eagle Corporation began marketing software in 2001 under the mark Eagle. In 2013, Eagle.com, Inc., a different company selling different products, begins to use eagle as part of its URL and registers...
Convert the following while loop to a do-while loop: cin >> index; while (index != -1) { } cout < < "Index is " < < index < < endl; index--;
Consider the following program: 1 def fun_a(x, y): 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 x = x + y print('Returning from fun_a') return fun_b(x) def fun_b(y): y = y** 2 print('Returning from fun_b')...
Vector A can be expressed in (i,j,k) notation as 6i-15j, and vector B as -1i+2j. Determine the angle of the vector 3A + 2B. The angle must be specified as a value between 0 and 360 degrees counter-...
A common performance at circus' is to spin circular plates atop a wooden rod. The performer would like to know the moment of inertia of the plates-rod system they are spinning for two different axes....
A piston - cylinder device with a volume of 0 . 5 0 m 3 contain water at 3 2 0 kPa ( State 1 ) . Initially, 2 5 % of the mass is liquid and the 7 5 % of the mass is vapor. Heat is added to the system...
Water is pumped from a lower reservoir to a higher reservoir by a pump that provides 20 kW of shaft power. The free surface of the upper reservoir is 45 m higher than that of the lower reservoir. If...
Suppose that a business sells 6-month subscriptions to its monthly magazine. On January 1, the company receives a total of $600 for 10 subscriptions. To record this transaction, the company debits...
How do the monetization strategies of social networks, such as targeted advertising and user data exploitation, impact user experience and societal norms ?
what ways do social structures and institutional power dynamics perpetuate systemic inequalities across different societies, and how might these structures be effectively challenged or transformed to...
In each of the following examples, (i) draw the original supply and demand curve; (ii) illustrate graphically how changes described in the example would be reflected by a shift in the supply curve or...

Which of the following statements most likely represents a disadvantage for an entity that keeps microcomputer-prepared data

Question:

Step by Step Answer:

The most likely disadvantage for an entity that keeps microcomputerprepared data ...View the full answer

Auditing An Assertions Approach

Students also viewed these Business questions