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When Doing an Information Systems Audit,auditors Must Review and Evaluate

question 59

Essay

When doing an information systems audit,auditors must review and evaluate the program development process.What two things could go wrong during the program development process?


Definitions:

Inventory

The total amount of goods and materials held in stock by a business, intended for sale or production purposes.

Ordinary Course

Activities or transactions that are regular, customary, and in keeping with the normal operations of a business or individual’s day-to-day life.

Durable Goods

Consumer goods that have a long life span (over three years) and are used over time, such as cars or appliances.

Farm Products

Goods that are derived from agriculture, including crops and livestock.

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