Questions from Accounting Information Systems

Q: What is the difference between using check digit verification and a validity

What is the difference between using check digit verification and a validity check to test the accuracy of an account number entered on a transaction record?

Q: Nino Moscardi, president of Greater Providence Deposit & Trust (GPD

Nino Moscardi, president of Greater Providence Deposit & Trust (GPD&T), received an anonymous note in his mail stating that a bank employee was making bogus loans. Moscardi asked the bank’s internal a...

Q: a. Prepare and file a tax return with the tax owed

a. Prepare and file a tax return with the tax owed to the Internal Revenue Service. b. A customer pays an invoice with a check. Accounts receivable is updated to reflect the payment. The check is reco...

Q: During a recent review, ABC Corporation discovered that it has a

During a recent review, ABC Corporation discovered that it has a serious internal control problem. It is estimated that the impact associated with this problem is $1 million and that the likelihood is...

Q: The Journal of Accountancy (available at www.aicpa.org

The Journal of Accountancy (available at www.aicpa.org) has published a series of articles that address different aspects of disaster recovery and business continuity planning: 1. Gerber, J. A., and F...

Q: Identify the computer fraud and abuse technique used in each the following

Identify the computer fraud and abuse technique used in each the following actual examples of computer wrongdoing. Identify the computer fraud and abuse technique used in each the following actual ex...

Q: Some individuals argue that accountants should focus on producing financial statements and

Some individuals argue that accountants should focus on producing financial statements and leave the design and production of managerial reports to information systems specialists. What are the advant...

Q: Obtain a copy of Generally Accepted Privacy Principles from the AICPA’s web

Obtain a copy of Generally Accepted Privacy Principles from the AICPA’s web site (www.aicpa.org). (You will find it by following this path: Under Interest Areas choose Information Management and Tech...

Q: The principle of confidentiality focuses on protecting an organization’s intellectual property.

The principle of confidentiality focuses on protecting an organization’s intellectual property. The flip side of the issue is ensuring that employees respect the intellectual property of other organiz...

Q: Explain how the following items individually and collectively affect the overall level

Explain how the following items individually and collectively affect the overall level of security provided by using a password as an authentication credential. a. Length. b. Complexity requirements...