Which of the Following Constitutes a Weakness in the Internal

question 58

Multiple Choice

Which of the following constitutes a weakness in the internal control of a computer system?

• A)One generation of backup files is stored in an off-premises location.
• B)Operators distribute error messages to the control group.
• C)Operators do not have access to the complete systems manual.
• D)Operators are supervised by programmers.

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Definitions:

Beta

A measurement of a stock's volatility compared to the overall market volatility, indicating its relative risk.

Annualized Return

Annualized Return indicates the geometric average amount of money earned by an investment each year over a given time period.

Intrinsic Value

The actual, fundamental value of an asset, based on underlying perceptions of its true value including aspects of both tangible and intangible factors.

Market Efficiency

The hypothesis that financial markets are "efficient" in reflecting information in the price of securities, making it impossible to consistently achieve higher returns without assuming higher risk.