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Identify at least three risks that auditors need to consider for companies that process web-based sales transactions, including credit card payments. For each risk identified,

  • Identify at least three risks that auditors need to consider for companies that process web-based sales transactions, including credit card payments.
  • For each risk identified, develop a mitigation risk strategy. Provide specific examples.
  • identify specific controls and tests of controls related to IT governance, including:
    • Organizing the IT function.
    • Controlling computer center operations.
    • Designing an adequate disaster recovery plan.

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