Which of the following statements is true? a. Emergency changes need to be documented once the problem

Question:

Which of the following statements is true?

a. “Emergency” changes need to be documented once the problem is resolved.

b. Changes should be tested in a system separate from the one used to process transactions.

c. Change controls are necessary to maintain adequate segregation of duties.

d. All of the above are true.

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

Step by Step Answer:

Related Book For book-img-for-question

Accounting Information Systems

ISBN: 9781292060521

13th Global Edition

Authors: Marshall B. Romney, Paul John Steinbart

See More Books

Question Posted: Dec 25, 2023 04:17 AM

See More Questions

Company Shoe Plus considers selling the machines it bought 3 years ago for 600,000 and replace them by new machines. The old machines have been depreciated linearly, 1 year of depreciation is left,...
According to the IFRS Foundation approximately how many countries either require or permit the use of IFRS by publicly traded companies' a. 40 countries. b. 80 countries. c. 115 countries. d. 195...
Consider an Australian investor who borrows money in pounds from a UK bank at an interest rate of 3.9 per cent, in order to buy Australian shares. After one year, the shares have increased in price...
an 5 of 5 | Review Mode: Question 13 of 20 A survey asked 1,150 pe to choose their favorite laundry detergent from brands D, E, and F. Of the people surveyed, percent chose D as their favorite brand....
Washington Co. operates a chain of bookstores. The company maintains a defined contribution pension plan for its employees. The plan requires quarterly installments to be paid to the funding agent,...
Under a force that varies inversely as the square of the distance from an attracting object (such as the sun exerts on Earth), it can be shown that the equation of the path an object follows is given...
Figure P28.44 shows a very long wire that carries a current $I$ in the $z$ direction and is centered in the $x y$ plane at the position $(0,0)$. The line integral of the magnetic field along...
Your task in this problem will be to use a spreadsheet to generate a Txy diagram for a two-component system, using Raoult?s law to express the vapor?liquid equilibrium distribution of each species....
1. Which of the following is a CORRECT statement? 2. 3. (a) 2.3056+10.138-7.4671 = 4.9765 (b) 2.38 x 1.0 = 2.38 8.05 (c) -=2.6 3.1 (d) (1.11 0.1) x 9.0 = 9.0 A projectile travels at 0 below...
Secure configuration of endpoints includes properly configuring your browser and your smartphone. Visit the Center for Internet Securitys website (www.cisecurity.org). Navigate to the Configuration...
Which of the following is a detective control? a. Hardening endpoints b. Physical access controls c. Penetration testing d. Patch management
What types of costs are included in the PONC? What does the PONC% represent? What is the theoretical performance target of this figure?
You are an investor evaluating a depository receipt issued by Chinas Sinopec Group and selling as an N-share on the NYSE. Sinopec Groups net asset value in Chinese new yuan is CNY 20 billion. The...
It is the year 2017 and there are exactly 30 years remaining until maturity on Daimlers dollar-denominated 8.5 percent bonds. These bonds pay a semiannual coupon of 4.25 percent for 30 years, and...
On his 2012 tax return, Stewart inadvertently overstates deductions in excess of 25 percent of the adjusted gross income on his return. In 2017, the IRS audits Stewart and the agent proposes a...
Suppose that an asset, A, earns 16 percent in the United States over the period of one year. If the cost of a dollar to a resident of the European Union goes from 0.7064/$ at the beginning of the...
Suppose expected returns in the United States and Germany are 10 percent and 20 percent, respectively. Standard deviations are also 10 percent and 20 percent, respectively. Calculate the standard...
A company announces that it will make a $1.00 dividend payment. Assuming all investors are subject to a 15 percent tax rate on dividends, how much should the companys share price drop on the...
Making use of the tables of atomic masses, find the velocity with which the products of the reaction B10 (n, ) Li7 come apart; the reaction proceeds via interaction of very slow neutrons with...
Conduct research to determine managements responsibility for establishing and maintaining an adequate system of internal control. Create a written report, in a manner prescribed by your instructor,...
Following is a list of eight generic control goals from the chapter, followed by eight descriptions of either process failures (i. e., control goals not met) or instances of successful control plans...
Following is a list of eight generic control goals from the chapter, followed by eight descriptions of either process failures (i. e., control goals not met) or instances of successful control plans...
Initial outlay is $1m; success would yield $8m in the 5th year with a probability of 25% (failure would yield $0 with the probability of 75%); the discount rate is 10%. What is the NPV?
You must show your work to receive credit! 1. Hogan Inc. wants to issue new 30-year bonds for some much-needed expansion projects. The company has 7.5% coupon bonds on the market that sell for $1,259...
1. The average annual exchange rate between two countries is shown in the table below. Year Exchange Rate 2008 0.94 2009 0.92 2010 0.97 2011 0.97 2012 0.92 2013 0.85 2014 0.89 2015 0.78 2016 0.77...

Which of the following statements is true? a. Emergency changes need to be documented once the problem

Question:

Step by Step Answer:

a Incorrect This statement is true ...View the full answer

Accounting Information Systems

Students also viewed these Business questions