Which of the Following Controls Design Considerations Will Help Ensure

question 37

Multiple Choice

Which of the following controls design considerations will help ensure that all customer inquiries are answered in real-time?

• A) security
• B) authorization
• C) accuracy
• D) audit trail

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Definitions:

Current Assets

Items on a company's balance sheet anticipated to be cashed in, sold off, or utilized within the longer span of either one year or its operational cycle.

Current Liabilities

Obligations or debts that a company expects to settle within one year or within the normal operating cycle of the business.

Liquidity

The ease with which an asset, or security, can be converted into ready cash without affecting its market price.

Current Assets

Properties expected to be turned into cash, sold, or expended within the span of one year or the typical operating period of the enterprise.