Identify the Threat Below That Is Not One of the Four

question 59

Multiple Choice

Identify the threat below that is not one of the four types of threats faced by accounting information systems.

• A)Natural and political disasters
• B)Software errors and equipment malfunctions
• C)Unintentional acts
• D)System design inefficiency

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Definitions:

Competition

The rivalry among businesses or individuals for resources, markets, and customers, aiming to achieve superior performance.

Cut Corners

To undertake actions in the easiest, quickest, or cheapest way, often by skipping necessary steps or violating rules.

Profit

The financial gain achieved when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Internal Locus of Control

The belief that one controls their own fate and outcomes are primarily the result of their own efforts.