When Auditors Examine and Test the Call-Back Feature,they Are Testing

question 95

Multiple Choice

When auditors examine and test the call-back feature,they are testing which audit objective?

• A)incompatible functions have been segregated
• B)application programs are protected from unauthorized access
• C)physical security measures are adequate to protect the organization from natural disaster
• D)illegal access to the system is prevented and detected

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Definitions:

Monopolist

A market participant who is the sole supplier of a particular good or service, possessing significant market power and able to influence price and market conditions.

No Change

A term indicating that a variable or condition remains constant or unaltered in a given context.

Product Demand

The desire and willingness of consumers to buy a specific product, influenced by factors such as price, quality, and consumer preference.

Pure Monopolist

A market structure where a single firm controls the entire market for a product or service, with no close substitutes and high barriers to entry.