a common myth is that organization can be too big to fail true or false

Q: Explain the problems associated with lack of director independence.

A: An independent director is a director of board of directors who does not have a material…

Q: What is Competitive Advantage b. What is Competitive Disadvantage c. What is Risk Management and…

A: "Since you have posted multiple questions, we will solve first question for you. If you want any…

Q: What is meant by data mining, and why must technical analysts be careful not to engage in it?

A: Data mining: Data mining is considered as a process utilized by corporations to turn raw data in to…

Q: What is management fraud?

A: Fraud:   It is an intentional misappropriation of the assets or the financial records of an…

Q: According to COSO, one of the most important control activities is the segregation of incompatible…

A: Separation of duties refers to the means through which no single or individual person has sole…

Q: Why is poor-quality systems documentation a prevalent problem?

A: Computer Based Information System: Computer based information system refers to the record of data…

Q: Why is human behavior considered one of the biggest potential threats to operating system integrity?

A: Operating system: The system which provides the basic functioning of a device by interconnecting the…

Q: A lack of support by top management has led to the downfall of many new systems projects during the…

A: Lack of top management support leading to the downfall of systems project Implementation of system…

Q: why does wiredcard scandal is often mentioned in the same sentence as words such as ‘innovation’ or…

A: Wire-card scandal is one the frauds which has been incurred in the history of the sandals in which…

Q: How can a poorly designed database result in unintentional loss of critical records?

A:

Q: What are some enterprise system failures?

A: INTRODUCTION: Although a business might be an enterprise, not all companies are enterprises. An…

Q: Which of the following is NOT an advantage ofcommercial software?a. Costb. Independencec.…

A: The software market has infiltrated every aspect of a business or service as technology has…

Q: Explain the risks associated with the creation of unnecessary roles and why it can happen.

A: Role Based Access Control: RBAC can be defined as an access control which is used to restrict the…

Q: In the absence of protocols, networks would be unusable. Describe the significance of these…

A: Answer: Concept: Network can be defined as the connection of devices sharing data provided under…

Q: One of the primary reasons central governments encourage inbound FDI is that it can bring in new…

A: An investment which comes into the country is called as inbound investment.

Q: Identify instances for which feedback becomes useless in helping to control activities.

A: Definition: Internal Control: Internal control refers to the plan of a company. Implementation of…

Q: Disruptions to operations are a common side effect of implementing an ERP. Explain the primary…

A: ERP: Enterprise resource planning is management software that helps in integrating all the…

Q: Discuss the implications of not having a data governance framework to support product analytics

A: Data governance is referred as the process of the management of the usability, integrity,…

Q: Explain how poorly designed audit trail logs can actually be dysfunctional.

A:

Q: a. Identify the internal control weaknesses in this system. b. Describe the uncontrolled risks that…

A: Internal Control Weaknesses:   Internal control weaknesses can be defined as the lack of the…

Q: ntages of using different man

A: Software is combination of many program that works together to achieve a desired function. These…

Q: Networks would be inoperable without protocols. Explain their importance and what functions they…

A: Protocol:   Protocols are the rules and instruction which are formed and followed to send or receive…

Q: Is there a difference between computerized and manual accounting systems? What makes these two…

A: Introduction: The term "computerized accounting system" refers to the use of computer…

Q: Operational risks may result from breakdowns in ______ procedures, people and systems as opposed to…

A: Operational risks Operational risks are referred to as that risk that includes errors because of the…

Q: Which of the following is a disadvantage of distributed data processing? a. End-user involvement in…

A: Distributed data processing is a method of computer networking. In this method, several computers in…

Q: What can be done by a business to mitigate: Execution risk Technology risk Reputation risk…

A: Risk management  Risk management is the identification, evaluation, and prioritization of risks…

Q: Managers should pay little attention to bottleneck operations since they have limited capacity for…

A: In case of company manager play an important role in order to run the company and perform their…

Q: The following are the problems that an Enterprise System is designed to overcome, except O data…

A: Solution: The following are the problems that an enterprise system is designed to overcome: 1. Data…

Q: What types of circumstances would encourage management to establish a complex organizational…

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: How does management by exception help to alleviate information overload by a manager?

A: Management by Exception:  The technique used by the manager to restrict the focus to specific…

Q: Data in a data warehouse are in a stable state. Explain how this can hamper data mining analysis.…

A:

Q: “Let’s be more practical. DCF is not the gospel. Managers should not become so enchanted with DCF…

A:

Q: Why is it risky to allow programmers to create user subschemas and assign access authority to users?…

A:

Q: The quality of the environment in which internal control operates has a pervasive effect on many…

A: Concept Pervasive effect               Pervasive effect means that the effect is spread to most of…

Q: Explain why monitoring alone cannot completely eliminate the agency costs

A: The costs incurred as a result of conflict of interest between company and its stakeholders is known…

Q: Explain with an example why any computer-based application control cannot function on its own and…

A: Controls are put in place in order to check, detect and control the given situation and to record…

Q: Identify the factor that affects the faithful representation. a. Efficiency of computer systems b.…

A: Level of incomplete is a factor that affects the faithful representation.... Option D level of…

Q: Provide 2 examples of situation where the use of ROI can lead to decisions which may harm the future…

A: Return on investment: Return on investment (ROI) or return on costs is a ratio between net income…

Q: Explain how IT outsourcing can lead to loss of strategic advantage.

A:

Q: Management and auditor are concerned about segregation of duties in computer based systems? Why? How…

A: The process or technique implemented by an entity to increase the operational efficiency and…

Q: Which of the following is NOT an example of a significant deficiency in internal control?

A: Statement 2,3 and 4 are examples of significant deficiency in internal control as they are…

Corporate Ethics

Ethics refers to the moral values and principles that guide an individual. Corporate ethics refers to the moral behavior of a company and its employees while conducting business. Business ethics is another name for corporate ethics. Business ethics reflects the purpose of doing the business. Business ethics is the distinction between what is right and wrong in the workplace and the selection of the right set of actions. Every corporate entity follows business ethics to a large extent in order to survive and compete successfully in the market. Corporate entities that strictly adhere to business ethics gain the trust of their stakeholders and thus gain more customers. An organization follows compliance, i.e., following certain business policies, rules, procedures, and practices to deal with the problem arising from the business environment. Business ethics also ensures that they meet compliance requirements as it was connected with the activities of an organization.