Discuss the considerations for implementing an operating and database system. Recommend the optimum system, considering the types of revenue and expense transactions for this company.
Assess the issues related to data management, key elements of the database environment, controlling and auditing data management, and the related risk to an organization. Discuss possible strategies to mitigate those risks of installing a database without adequate controls.
Analyze the six (6) broad classes of control activities defined by Committee of Sponsoring Organizations (COSO) and determine how they will impact the database design.
Recommend the appropriate database structure for the types of transactions that will be entered and whether the computer operations would be more effective if they were centralized or decentralized.