The Impetus for IT Auditing Can Be Traced to the Adoption

question 21

True/False

The impetus for IT auditing can be traced to the adoption of computerized accounting systems, migration of business processes to computerized platforms, and enforcement of data security.

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Definitions:

Incremental Net Operating Income

The difference in net operating income between two alternatives.

Depreciated

Refers to the decrease in the value of an asset over time due to wear and tear or obsolescence.

Sales Revenues

The total amount of money generated from the sale of goods or services before any costs or expenses are deducted.

Cash Operating Expenses

The expenses a company incurs during its day-to-day operational activities, paid in cash, such as rent, utilities, and salary payments.