An Information System That Combines Data from Internal TPS with Information

question 79

Multiple Choice

An information system that combines data from internal TPS with information from financial systems and external sources to deliver reports such as profit-loss statements and impact analyses,is an example of:

• A)DSS.
• B)ESS.
• C)CDSS.
• D)MIS.
• E)GIS.

Evaluate the liability issues of accountants under the 1933 Securities Act regarding misleading registration statements.

List the services that are prohibited for accounting firms to perform for audit clients under the Sarbanes-Oxley Act.

Understand the legal and ethical considerations regarding the confidentiality of client information obtained by accountants.

Identify the requisite elements of fraud within financial transactions and accounting practices.

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Definitions:

Drive Theory

A theory suggesting that behavior is motivated by the need to reduce internal tension caused by unmet biological needs.

Alertness

The state of being vigilant and ready to respond quickly to potential dangers or problems.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Thermostat

A device used for regulating the temperature of a system so that the system's temperature is maintained near a desired set-point.