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Which of the following control activities should be taken to reduce the risk of incorrect processing in a newly installed computerized accounting system? 27 Multiple
Which of the following control activities should be taken to reduce the risk of incorrect processing in a newly installed computerized accounting system? 27 Multiple Choice Independently verify the transactions. eBook O Adequately safeguard assets. O Ensure proper authorization of transactions. o Segregation of duties. A company's audit committee is responsible for fraud risk assessments. 28 True or False 25 ints True False eBook According to AS 5, control risk should be assessed in terms of: 29 Multiple Choice 25 oints Specific controls. eBook Types of potential fraud. Control environment factors. Financial statement assertions. Which of the following is the most likely foreign key for the Bill of Materials table? Multiple Choice 25 pints Product_id Product_ID eBook o Prod_auth_ID Prod_auth_10 Issue_Sequence Material_description Which of the following security controls would best prevent unauthorized access to a firm's internal network? Multiple Choice nts Encryption of data files. eBook Automatic log-off of inactive users. o Use of a firewall. Use of a firewall Use of a screen saver with a password
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