Question
1. (a) What is IT governance? Describe four objectives of IT governance (b) Describe the relationship between the risk assessment and control activities components of
1. (a) What is IT governance? Describe four objectives of IT governance (b) Describe the relationship between the risk assessment and control activities components of the COSO framework. 2. By completing the table below, identify whether each of the following accounting positions or duties involves authorization, recording, or custody Positions/Duties Recording, or authorization, or custody? cashier payroll processor credit clerk mailroom clerk data entry clerk deliver paychecks deliver the bank deposit prepare the bank reconciliation check signer inventory warehouse supervisor 3. There are different information systems development methodologies. Are these methodologies mutually exclusive? Why? Identify the ways that prototyping can be used to overcome two problems with SDLC
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