An Organization Has Developed a Large Database That Tracks Employees

question 132

Multiple Choice

An organization has developed a large database that tracks employees, employee benefits, payroll deductions, job classifications, and other similar information. In order to test whether data currently within the automated system are correct, an auditor should:

• A) Use test data and determine whether all the data entered are captured correctly in the updated database.
• B) Select a sample of data to be entered for a few days and trace the data to the updated database to determine the correctness of the updates.
• C) Use generalized audit software to provide a printout of all employees with invalid job descriptions. Investigate the causes of the problems.
• D) Use generalized audit software to select a sample of employees from the database. Verify the data fields.

Understand the role of government organizations in the regulation of natural monopolies.

Learn about the impact of deregulation on previously regulated industries and its effects on consumers.

Distinguish between industrial and social regulation and their respective focuses and outcomes.

Understand the implications of antitrust laws on promoting competition and deterring anticompetitive practices.

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Definitions:

Aggressive Outbursts

Aggressive outbursts are sudden, intense expressions of anger or violence that can result from frustration, certain psychological conditions, or emotional distress.

Frustration-aggression Principle

A theory suggesting that frustration leads to aggressive behavior, as aggression is seen as a means to eliminate the source of frustration.

Social Traps

Scenarios where a group or individual acts in their short-term interest, leading to a worse outcome for everyone in the long term.

Social Rejection

The feeling of being excluded, disregarded, or unwanted by peers or groups in a social context.