Which Statement Is Not True

question 3

Multiple Choice

Which statement is not true?

• A)An audit objective for systems maintenance is to detect unauthorized access to application databases.
• B)An audit objective for systems maintenance is to ensure that applications are free from errors.
• C)An audit objective for systems maintenance is to verify that user requests for maintenance reconcile to program version numbers.
• D)An audit objective for systems maintenance is to ensure that the production libraries are protected from unauthorized access.

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Definitions:

Shareholder Rights Plan

A shareholder rights plan, often called a "poison pill", is a strategy employed by corporations to deter hostile takeovers by making the acquisition prohibitively expensive.

Takeovers

The process by which one company acquires control of another, either through a direct purchase or by acquiring a majority share.

Merger

The joining of two firms to form a single firm.

Acquisition

The process by which one company purchases most or all of another company's shares to gain control.