21) Computerized processing preformed concurrently with a particular activity so that results are available to influence a decision being made is referred to as 6 a) Batch processing b Real-time processing c) Integrated data processing d) Random access programming 22) The best way to enact a broad fraud prevention program is to a) Install airtight control systems of checks and supervision b) Name an ethics officer who is in charge for receiving and following up on fraud tips c) Place dedicated hotline phones around the building that dial directly to the ethics dy Establish a corporate culture conducive to ethical behavior in the workplace 23) Under the Securities exchange Act of 1934, entities are required to report to the public officer about changing auditors on a) Form 10-K b) Form 8-K c) Form S-1 24) Investors who believe they relied on misstated financial statements to make a decision and have suffered losses as a result will issue an action called a) Breach of Contract d) Form 10-Q b) Tort c) Securities Litigation d) Constructive Fraud 25) Which of these persons generally does not participate in writing the management letter? a) Client's outside attorneys b) Client's accounting and production managers c) Public accounting firm's audit team on the engagement d) Public accounting firm's consulting and tax experts 26) All corporate capital stock transactions should ultimately be traced to the a) Minutes of the meetings of the Board of Directors b) Cash Receipts Journal c) Cash Disbursements Journal d) Numbered stock certificates 27) Which cycle is not directly related to the production cycle? a) Acquisition and Expenditure Cycle b) Payroll Cycle c) Revenue and Collection Cycle d) Finance and Investment Cycle