Questions from Accounting Information Systems

Q: Identify each category of risk that can be reduced by using authority

Identify each category of risk that can be reduced by using authority tables, computer logs, passwords, and firewalls.

Q: Identify three ways that buyers and sellers may be linked electronically.

Identify three ways that buyers and sellers may be linked electronically.

Q: What techniques can a company use to reveal problems concerning potential exposure

What techniques can a company use to reveal problems concerning potential exposure to unauthorized access to its systems?

Q: Even though payroll and fixed asset processes may not be as routine

Even though payroll and fixed asset processes may not be as routine as revenue processes, why are they just as important?

Q: Why is it important that the human resources department maintain records authorizing

Why is it important that the human resources department maintain records authorizing the various deductions from an employee’s paycheck?

Q: Explain the reasons for an organization having a separate bank account established

Explain the reasons for an organization having a separate bank account established for payroll.

Q: What is the purpose of supervisory review of employee time cards?

What is the purpose of supervisory review of employee time cards?

Q: For each AICPA Trust Services Principles category shown, list a potential

For each AICPA Trust Services Principles category shown, list a potential risk and a corresponding control that would lessen the risk. An example is provided. EXAMPLE Security: Risk: A hacker could...

Q: Why is it important to use an independent paymaster to distribute paychecks

Why is it important to use an independent paymaster to distribute paychecks?

Q: Why do payroll processes result in sensitive information, and what is

Why do payroll processes result in sensitive information, and what is the sensitive information?