An Example of a Risk Created by an IT System

question 64

Multiple Choice

An example of a risk created by an IT system is ________.

• A)increased efficiency in processing transactions
• B)less documentary evidence
• C)potential availability of real-time financial information
• D)the extra cost of staffing an IT support function

---

Definitions:

Mercantilism

An economic theory and practice common in Europe from the 16th to the 18th century, emphasizing national economic interests and the accumulation of wealth through a favorable balance of trade.

Colbert

Jean-Baptiste Colbert was a French politician who served as the Minister of Finances of France under King Louis XIV, known for his policies aimed at increasing the wealth and power of France through mercantilism.

New France

The area colonized by France in North America during a period extending from the exploration of the Saint Lawrence River by Jacques Cartier in 1534 to the cession of New France to Spain and Britain in 1763.

Women

Female human beings, who have historically played various roles across societies, facing distinct challenges and contributing to the cultural, political, and social development of human civilization.