A. What are threats to inventory within the production cycle (both threats to physical inventory and the data related to inventory)? What specific controls do AIS offer to help prevent or at least detect these threats?

B. Many companies still keep cost accounting separate from the production information systems. Do you think this is a good or a bad idea and why?

C. What is a payroll master file? Describe the types of errors that may occur in the master file and how they get there. How would you design payroll procedures to help prevent them?

D. How can the payroll module of an AIS be breached? What controls should be set up to help prevent this?