The Impact of Technology on Internal Controls Includes

question 99

Multiple Choice

The impact of technology on internal controls includes:

• A) Reduced processing errors.
• B) Elimination of the need for regular audits.
• C) Elimination of the need to bond employees.
• D) Elimination of separation of duties.
• E) Elimination of fraud.

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Definitions:

PGAL

PGAL, or Phosphoglyceraldehyde, is a three-carbon molecule that plays a crucial role in both photosynthesis and glycolysis, acting as an intermediate in the conversion of glucose and other sugars.

ATP

A molecule involved in energy transfer within cells, crucial for muscle contraction, nerve impulse propagation, and chemical synthesis.

Calvin-Benson Cycle

A series of biochemical reactions taking place in the chloroplasts of photosynthetic organisms during the light-independent reactions of photosynthesis.

NADPH

Nicotinamide adenine dinucleotide phosphate, a coenzyme involved in cellular metabolism, particularly in the synthesis of fatty acids and the antioxidant system.