The following exercise relates to application control objectives for the financial cycle. 1. List at least two

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The following exercise relates to application control objectives for the financial cycle.

1. List at least two application controls used in the financial cycle.

such as bank reconciliations and physical inventory counts.

2. Give an example of how the associated IT controls would be implemented for these control objectives.

3. How would this improve internal control?

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Accounting Information Systems The Crossroads of Accounting & IT

ISBN: 978-0132991322

2nd Edition

Authors: Donna Kay, Ali Ovlia

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Question Posted: Feb 20, 2015 07:58 AM

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The following exercise relates to application control objectives for the financial cycle. 1. List at least two

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Accounting Information Systems The Crossroads of Accounting & IT

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