The Auditor's Role in Reviewing the System of Computer Program

question 9

Multiple Choice

The auditor's role in reviewing the system of computer program development:

• A)Does not include checking to see that all program changes are properly documented
• B)Does not include a check of librarian functions
• C)Does not include checking to see that program change requests are properly costed
• D)Includes a cross-check of program changes against in-use programs

---

Definitions:

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices or market conditions.

Sunk Costs

Costs that have already been incurred and cannot be recovered.

Business Strategy

It's a plan of action designed by business leaders to achieve competitive advantage and successfully compete in the market.

Average Total Cost

The total cost of production divided by the number of units produced, indicating the average cost per unit of output.