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:

Frederick Taylor

A mechanical engineer who is considered the father of scientific management, focusing on improving industrial efficiency through systematic study of work processes.

Employee Rights

The legal and moral entitlements of employees in their workplace, including fair treatment, compensation, and privacy.

Mary Parker Follett

An early 20th-century social worker and management consultant who emphasized the value of collective decision-making and the integration of interests in organizations.

Technical Systems

Systems within an organization that involve the machinery, equipment, and processes necessary for the production of goods and services.