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Many of the risks that small businesses face are a bit different from larger companies due to limitations surrounding resources, time, money, etc. Considering these
Many of the risks that small businesses face are a bit different from larger companies due to limitations surrounding resources, time, money, etc. Considering these factors, which of the following control activity considerations would managers of a small business prefer?
Purchase thirdparty vendor software like Square, QuickBooks, Microsoft Access, etc. or use SaaS.
Consider using complex controls to mitigate several risks at once.
Make use of logical access controls with privileges assigned to each user in the system.
Hire more employees to enforce proper segregation of duties.
Focus on segregation of duties where it is financially feasible, and mediate risks with compensating controls like manager supervision.
Require employees to use strong usernames and passwords. Institute policiesprocedures mandating routine password changes ex: every months, year, etc.
Establish a secure company network on which employees are required to save any company data.
Match each of the following data types with the example that fits best.
Excel file
SQL database
MP file
YouTube clip
Microsoft Form data
Photograph
Word document
Structured data
Unstructured data
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