In this age of high, technology and computer-based information systems, why accountants are concerned about physical (human)

Question:

In this age of high, technology and computer-based information systems, why accountants are concerned about physical (human) controls?

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

Step by Step Answer:

Related Book For book-img-for-question

Accounting Information System

ISBN: 9781439078570

7th Edition

Authors: James A. Hall

See More Books

Question Posted: Nov 28, 2012 07:30 AM

See More Questions

In this age of globalization, some thought leaders argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Do you agree? Why or why not?
Why is metadata becoming increasingly important in this age of digital information? What types of metadata would you expect to see attached to these information resources? a. Book b. Digital...
In this age of the Internet, when people communicate via e-mail, texts, tweets, Facebook, and Skype, is the concept of jurisdiction losing its meaning? Many believe that yes, the idea of determining...
A trader depreciates his vehicles at 40% per annum using the reducing balance method, with proportionate depreciation in the year of acquisition. In addition to vehicles acquired on 1 July 2010 for...
Tim is using a cordless electric weed trimmer with a dc motor to cut the long weeds in his back yard. The trimmer generates a back emf of 18.00 V when it is connected to an emf of 24.0 V dc. The...
examine different group behaviours;
Provide an example of how a hospitals strategic plan can affect downstream revenue.
The internal control procedures in Phillips Company make the following provisions. Identify the principles of internal control that are being followed in each case. (a) Employees who have physical...
value: 10.00 points The most recent financial statements for Cornwall, Inc., are shown here: Income Statement Sales $ 7,400 Costs 6,000 Balance Sheet Current assets $ 4,100 Current liabilities $...
Cleveland Area Rapid Delivery (CARD) operates a delivery service in the Cleveland met- ropolitan area. Most of CARDs business involves rapid delivery of documents and parcels between offices during...
What are key point Management Disclosure of the Sarbanes-Oxley Act?
Multiply Choice 1. Management can expect various benefits to follow from implementing a system of strong internal control. Which of the following benefits is least likely to occur? a. Reduction of...
On January 2, 2020, Liberty Corporation was authorized to issue 100,000 shares of $\$ 5$ par value common stock. Liberty issued 20,000 shares of common stock on January 15,2020 , at $\$ 15$ per...
Solve the Differential equation. xydx+dy=0
What is Hue and saturation?
Explain traversing on the following parcel.Provide one numerical example.
Explore the role of post-occupancy evaluation in commercial and industrial architecture. How do architects use feedback from building users to improve future designs?
Analyze the impact of sustainable construction on biodiversity and ecosystem services. How can construction practices be adapted to minimize impacts on local ecosystems and enhance biodiversity?
Imporia Container Company is suffering declining sales of its principal product, nonbiodegradable plastic cartons. The president, Benny Benson, instructs his controller, John Straight, to lengthen...
Give the products of the following reaction, where T is tritium: dioldehydrase Ad- CH CH3C-COH CoIII) coenzyme B12
Refer to Exercise 13. Assume the distribution from which the sample was drawn is unknown. We want to estimate the population mean with the sample mean X X X X . This exercise shows how to use...
Discuss the internal control weaknesses in the expenditure cycle flowchart for Problem 7. Structure your answer in terms of the control activities within the SAS 78/COSO control model.
The fixed asset acquisition procedures for Turner Brothers, Inc., are as follows: Supervisors in the user departments determine their fixed asset needs and submit bids or orders directly to...
Holder Co. maintains a large fleet of automobiles, trucks, and vans for their service and sales force. Supervisors in the various departments maintain the fixed asset records for these vehicles,...
On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,600,000. During 2021, costs of $2,200,000 were incurred with...
Salespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons...
Stockholders do not have the power to bind the corporation to contracts. This is referred to as lack of mutual agency. True false question. True False

In this age of high, technology and computer-based information systems, why accountants are concerned about physical (human)

Question:

Step by Step Answer:

This class of controls relates primarily to the human activities ...View the full answer

Accounting Information System

Students also viewed these Accounting questions