Which of the Following Controls Most Likely Would Ensure That

question 11

Multiple Choice

Which of the following controls most likely would ensure that an organization can reconstruct its financial records?

• A)Hardware controls are built into the computer by the computer manufacturer.
• B)Backup files are stored in a location separate from original copies.
• C)Personnel who are independent of data input perform parallel simulations.
• D)System flowcharts provide accurate descriptions of computer operations.

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Definitions:

Budgeted Receipts

Estimated amounts of money expected to be received during a specified budget period.

Wholesaler

An intermediary in the distribution process that buys products in bulk and resells them to retailers or other businesses.

Industrial Goods

Products used in the production of other goods or services, not intended for direct consumption by consumers.

Merchandise Inventory

Goods held for sale to customers in the ordinary course of business.