Matthew Corp

question 30

Multiple Choice

Matthew Corp.has changed from a system of recording time worked on clock cards to a computerized payroll system in which employees record time in and out with magnetic cards.The computerized system automatically updates all payroll records.Because of this change,

• A)A generalized computer audit plan must be used.
• B)Part of the audit trail is altered.
• C)The potential for payroll-related fraud is diminished.
• D)Transactions must be processed in batches.

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Definitions:

Consumer Socialization

The process by which individuals acquire the skills, knowledge, and attitudes necessary to function as consumers in the marketplace.

Brand Preferences

Consumers' tendency to favor one brand over others, influenced by past experiences, perceptions of quality, marketing efforts, and personal tastes.

Cognitive Skills

The mental capabilities that include reasoning, memory, attention, and language that are used in acquiring knowledge, solving problems, and making decisions.

Sociocultural Influences

Factors in society and culture that affect individuals' behaviors, preferences, and attitudes, impacting consumer decisions and trends.