The Focus of an ________ Is Placed on the Information

question 104

Multiple Choice

The focus of an ________ is placed on the information resources that are used to collect,store, process,and retrieve information.

• A)security audit
• B)external audit
• C)information technology audit
• D)internal audit
• E)information systems audit

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Definitions:

Financial Condition

A description of an entity's financial status, assessing its ability to remain solvent and meet its obligations, based on its assets, liabilities, and equity.

Insurance Appraiser

A professional who assesses and determines the value of assets, including property and automobiles, for insurance purposes.

Ledger

A comprehensive collection of a company's accounts, including the financial transactions and balances, used to compile the financial statements.

Transactions

Financial events that affect the assets, liabilities, or equity of a company, including sales, purchases, loans, and payments.