Which of the Following Is Most Beneficial When the Organization

question 9

Multiple Choice

Which of the following is most beneficial when the organization decides to purchase a vendor built information system?

• A)Weighted scoring tool
• B)Internal resources
• C)External resources
• D)Supportive infrastructure

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Definitions:

1933 Act

Refers to the Securities Act of 1933, a U.S. legislation enacted to ensure more transparency in financial statements and to establish laws against misrepresentation and fraudulent activities in the securities markets.

Registration

The process of recording information, typically related to a person, company, or property, in an official or regulatory database.

Sarbanes-Oxley Act

A U.S. law enacted to protect investors by making corporate disclosures more reliable and accurate following the Enron and WorldCom financial scandals.

Audit Clients

Entities, whether individuals or organizations, whose financial statements and practices are examined in an audit for accuracy, compliance, and truthfulness.