Question: In an on-line computer application: a. The system provides for a response to the user. b. Records may be updated immediately as transactions occur. c.

In an on-line computer application:

a. The system provides for a response to the user.

b. Records may be updated immediately as transactions occur.

c. Report terminals are usually an integral part of the system.

d. Response time may be virtually instantaneous.

e. All of the above.

Step by Step Solution

★★★★★

3.40 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

In an online computer application e All of the above Explanation An online computer application ofte... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Internal Auditing Questions!

Q:

The goal of an advisory board is to ______. A. advocate for diversity in the institution where they are serving B. foster diversity and inclusion C. ensure that efforts toward diversity, through the...

Q:

Would it be : A= (2x)(2y) = 4xy f(x,y) = 4xy OR A= xy f(x,y) = xy By 2 different methods find the dimensions of a rectangle with maximum arca that can be inscribed in the ellipse Find ratios between...

Q:

Given the integer array dailySalaries with the size of NUM_IN, write a for loop to output the integers in the first half of dailySalaries in reverse order. Separate the integers with a vertical bar...

Q:

PLEASE READ CAREFULLY THE CASE STUDY PROVIDED AND FEEL FREE TO ADD HERE YOUR COMMENTS FOR EXAMPLE LIKES DISLIKES WORDS OR PHRASES YOU DO NOT UNDERSTAND ANY COMMENTS THAT WILL IMPROVE THE DIALOGUE...

Q:

Introduction to Ridgeline Mountain Outfitters (RMO) Ridgeline Mountain Outfitters (RMO) is a large retail company that specializes in clothing and related accessories for all types of outdoor and...

Q:

There are two problems due this week (each worth 35 points) as follows. Problem 1.6 (page 20) In comprehensive paragraphs, answerrequirements a to e. You will have 5 paragraphs total of four to five...

Q:

1.As used in PSA 560, the term "subsequent events" refers to a.Events occurring the date of the financial statement. b.Events occurring after the date of the auditor's report c.Events occurring...

Q:

1.As used in PSA 560, the term "subsequent events" refers to a.Events occurring the date of the financial statement. b.Events occurring after the date of the auditor's report c.Events occurring...

Q:

1.As used in PSA 560, the term "subsequent events" refers to a.Events occurring the date of the financial statement. b.Events occurring after the date of the auditor's report c.Events occurring...

Q:

DON'T SUMMARIZE JUST PARAGRAPH OF WHAT YOU THOUGHT/LEARNED CHAPTER 13 - The phrase "garbage in, garbage out" highlights the importance of input controls. If the data entered into a system are...

Q:

If you compare the yield of a municipal bond with that of a negotiable certificate of deposit, what is the equivalent before tax yield of the certificate of deposit if the municipal bond has a yield...

Q:

1. What are some of the common elements of the nine relationship inventories included? 2. What are the major themes identified in IPV assessments? What are their limitations? 3. What strategies can...

Q:

Buffer reserves at DIs are Question 4 options: 1 ) reserves in excess of the minimum required reserves. 2 ) government securities that do not qualify as required reserves, but that can be converted...

Q:

Using the lenses of racism, colonialism, and neoliberalism, what is the historical context of your school and the geographic area in which it resides? For instance, what is the history of de facto or...

Q:

Tolerable error: (a) is the maximum error an auditor is willing to accept within the population. (b) is positively related to sample size. (c) relates only to control testing. (d) is an amount...

Q:

The controls at a retail store were assessed by the lead auditor as being effective and the auditor intended to rely on the operative effectiveness of controls around payroll in determining the...

Q:

Internal control is a process: (a) Designed to provide reasonable assurance about the achievement of the entitys objectives with regard to the reliability of financial reporting, effectiveness, and...

Q:

You settled with Canada Revenue Agency for back taxes owed in the amount of $ 2 0 , 0 0 0 . You will pay starting in 4 years equal monthly ( end of month ) payments for 1 0 years. So , you will start...

Q:

Homework: Section 8.4 Homework Score: 0 of 1 pt 15 of 24 (23 complete) X 8.4.33 How much more would you earn in the first investment than in the second investment? $23.000 invested for 50 years at...

Q:

Hardmon Enterprises is currently an all - equity firm with an expected return of 1 2 % . It is considering a leveraged recapitalization in which it would borrow and repurchase existing shares. Assume...