The Impact of Technology on Internal Controls Includes

question 99

Multiple Choice

The impact of technology on internal controls includes:

• A) Reduced processing errors.
• B) Elimination of the need for regular audits.
• C) Elimination of the need to bond employees.
• D) Elimination of separation of duties.
• E) Elimination of fraud.

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Definitions:

Scientific Approach

A method of research involving systematic observation, measurement, and experiment, and the formulation, testing, and modification of hypotheses.

Structures of Mind

This term suggests a conceptual framework for understanding the complex organization and function of the psyche or brain, including cognitive processes and emotional responses.

Mental Elements

Fundamental components or aspects that constitute the mind or psychological processes.

Titchener

Edward Titchener was a psychologist who is best known for developing the school of thought known as structuralism, focusing on the components of the human mind.