All Controls Available for the Computerized Accounting Information System of a Company

question 44

True/False

All controls available for the computerized accounting information system of a company should be implemented regardless of cost due to the high rate of computer crime.

---

Definitions:

Utility Function

A mathematical representation of how consumer preferences are related to the consumption of goods and services.

Competitive Market

A market structure characterized by a large number of buyers and sellers, all of whom have minimal impact on the market price.

Coconuts

The large, round, tropical fruit with a hard shell, white flesh, and clear liquid inside, produced by the coconut palm.

Fish

Aquatic animals that are typically covered with scales and have fins for movement; also refers to the act of catching these animals as a form of consumption or sport.