Which of the Following Is an Issue That Must Be

question 46

Multiple Choice

Which of the following is an issue that must be addressed in the internal controls for e-commerce?

• A) burglar alarms
• B) tone at the top
• C) phishing expeditions
• D) need for outside auditors

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Definitions:

By-Products

Secondary products that are generated alongside the main product during the manufacturing process.

Net Realisable Value

The estimated selling price of goods minus the costs of their completion and sale.

Physical Units Method

A costing method used to allocate costs in processes where goods are indistinguishable and it counts units as they are produced.

Joint Production Costs

Costs incurred during the process of producing two or more products simultaneously from the same inputs or process, which are not easily separated.