The Impact of Technology on Internal Controls Includes

question 99

Multiple Choice

The impact of technology on internal controls includes:

• A) Reduced processing errors.
• B) Elimination of the need for regular audits.
• C) Elimination of the need to bond employees.
• D) Elimination of separation of duties.
• E) Elimination of fraud.

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Definitions:

Potential Stressors

Elements or conditions in one's environment that cause stress.

Type A Behaviour

A personality pattern characterized by high levels of competitiveness, self-imposed stress, impatience, and aggression.

Ambition

A strong desire to achieve success or distinction, often requiring determination and hard work.

Competitiveness

A state or quality that denotes how effectively an entity (such as a person, company, or country) can outperform rivals in a given market or area.