Which controls would be most appropriate to address the following problems? a. Users other than the treasurer
Question:
Which controls would be most appropriate to address the following problems?
a. Users other than the treasurer can create journal entries.
b. A manager used his computer to post adjusting entries to conceal unauthorized expenses.
c. An IT staff member used the ERP system to view financial records and subsequently informed a friend of his working at a competitor organization about the financial troubles of his employer.
d. The treasurer accidentally posted a debit to the wrong account number.
e. Depreciation expenses for the current period were never recorded.
f. An upper-level manager understated liabilities in an effort to improve the financial outlook of the organization.
g. A newly appointed manager decided that management needs to develop a new balanced scorecard to measure the financial goals within the organization.
h. When a transaction was processed, the treasurer did not enter the account number.
Step by Step Answer:
Accounting Information Systems
ISBN: 9781292353364
15th Global Edition
Authors: Marshall B. Romney, Paul J. Steinbart