The Impact of Technology on Internal Controls Includes Which of the Following

question 41

Multiple Choice

The impact of technology on internal controls includes which of the following?

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

---

Definitions:

Invasion of Privacy

An intrusion into the personal life of another person without consent, which can include various actions such as surveillance, public disclosure of private facts, or misuse of someone's identity.

Privacy Act of 1974

A United States federal law that establishes a Code of Fair Information Practice that governs the collection, maintenance, use, and dissemination of personally identifiable information about individuals that is maintained in systems of records by federal agencies.

Erroneous Records

Refers to incorrect or inaccurate entries in financial, legal, or official documents.

Privacy Act of 1974

A U.S. federal law establishing a code of fair information practices to protect personal information held by federal agencies.