Question: 910 points TEC Analyties has lost their main server due to a malfunction. The Chief information Officer (Cio) realized that the company did not make
910 points TEC Analyties has lost their main server due to a malfunction. The Chief information Officer (Cio) realized that the company did not make frequent enough backups, so the data to be uplosided to the new server was out of date by over a month. Which type of internal control is backups? Preventine Detective Corrective All of the above 10 points Which of the following statements about Manitering is not true? The greater the complexity of an internal control, the more automated the evaluation should be The frequency of monitoring should be tiictated by how managers assess risk The design and operation of controls should be oweiseen by managers at various levels twaluation of the effectiveness of internal controls should be a continuoun process regardless of the frequency of each individoal control's evaluation. 110 points At Squish teops flreakfant Ceresl Company, a mail reom employee stole a check received from a customer and destroyed related documentation, and then the staff sceountant avoided entering record of it inte the syitem. Which of the following options best deseribes this situation? Separation of duties and audit trail would both be effective controls to recommend to squinh loope to combat this specific isstie Squish toop must not have any intemal controls to combat this issue Separation of datiet would theorebcally be an effective control to recommend to prevent opporfunities for fraud, but it would not be as effective here because mail toom ensployee and staft accountant are colludine This tallune should be specitically documented in the fiem's repert on intemal controts or they will not be compliant with 50x so4 requiremerts
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