Critically explain why online purchase is not safe for the customer. What step do you take to check and the security of the site and the legitimacy of the companies from whom you make a purchase online?

Q: Hi involvement purchases generally require lots of search effort because they also usually entail…

A: A high involvement purchase exists when a decent or administration that is exorbitant or that faces…

Q: Which of the following arguments supports the view that regulation is not necessary, particularly to…

A: Which of the following arguments supports the view that regulation is not necessary, particularly to…

Q: ‘‘In an EDI system, only the customer needs to verify that the order being placed is from a valid…

A: Electronic Data Interchange: Electronic data interchange (EDI) is the channel between the computer…

Q: What are some of the information security threats and how should these risks be controlled?

A: The world is filled with conman. These conman have attacked the victims in different ways to steal…

Q: Setting up and running an Online business is one of the best ways to avoid problems associated with…

A: it is true that setting up an online business is the best way to avoid the problems associated with…

Q: When customers used their points accumulated from customer loyalty award programs to purchase goods:…

A: Customer loyalty award program is customer retention strategy to customer continue buy your brand.…

Q: ales representative mistakenly entered a nonexistent account number into the system. As a result,…

A: The right answer is D. Validity check

Q: Discuss how EDI creates an environment in which sensitive information, such as inventory amounts and…

A: Electronic Data Interchange: Electronic data interchange (EDI) is the channel between the computer…

Q: 1. What makes POS system different from revenue cycles of manufacturing firms? 2. Does a POS system…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: Select the correct answer(s) for the following multiple choice questions. Note that there may be…

A: Computer Fraud: A computer fraud is an unlawful act committed by the employees in an organization…

Q: What is identity theft, and what responsibilities do businesses have to prevent it?

A: The question is based on the concept of identity theft , which is one of the leading problem in…

Q: Why should businesses shift to an electronic accounting system? How can controls deter fraudulent…

A: Electronic accounting system entails use of computer based or internet based accounting tools. In an…

Q: Which of the following statement is not correct?   Employees who approve the payment should not…

A: The internal control creates framework for ruling the business operations and protects from…

Q: Which of the following is not a benefit of record keeping?

A: The answers for the multiple choice questions and relevant explanation are presented hereunder : One…

Q: Are there advantages to you as a customer when retailers increase theft prevention measures?

A: Yes, There are advantages to you as a consumer when retailers increase theft prevention measures.…

Q: Using the following table as a guide, describe for each function (see Figure 11.1): A risk (an…

A: The risk and control process that will use the technology to handle the risk :

Q: The best protection for a company against telemarketing scams is:

A: When money is being transferred to people who are not known or personal or financial information is…

Q: Provide incidents that E-commerce fail to secure personal information of their customers and…

A: Answer : When it involves on-line shopping, e-commerce sites store client information that features…

Q: The kickback is a form of fraud often associated with purchasing. Most organizations expect their…

A: Internal Control: Internal control is a procedure carried out by a company's board of directors,…

Q: Listed here are five scenarios. For each scenario, discuss the possible damages that can occur.…

A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Looking for Auction Fraud: Go to any auction site and try to identify whether there are any sellers…

A: Online Auction Fraud is usually when as a buyer you are misled about the goods or services you are…

Q: FireballCompany requires that all documents supporting a check (purchase order, invoice, and…

A: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Choose only one answer as well as state their reasons/rationale for the answer chosen. A customer…

A: Closed loop verification :             It can be said as closed loop authentication and can be…

Q: One internal control that companies often have is an official “approved vendor” list for purchases.…

A: The approved vendor list (AVL) can be referred to as the list containing the information of the…

Q: Which of the following is most effective to show that you really know your target market? O…

A: If one has to be successful then knowledge of target market is the ore requisite and often the…

Q: Which of the following would not be a control in a sales system? a. Agreeing details from the sales…

A:

Q: Which of the following is a control objective over sales? a. Only invoice customer for goods that…

A: Business means the professional or economic activity organized and controlled by an individual or by…

Q: Why then would Commodore's auditor require Rob to document any sales made using the book-and-hold…

A: An auditor is someone who verifies the accuracy of documented commercial transactions. Auditors are…

Q: What trust, privacy and ethical issues do businesses need to be concerned with when trading online?…

A: The main trust, privacy and ethical concerns of business while doing online trading are as follows:…

Q: How can an organisation use their information system to prevent employees from making inappropriate…

A: Here discuss about the details about find out of the fraudulent purchases which are related with the…

Q: Which of the following actions are not considered best practices for an accountant who handles…

A: All the actions taken by an accountant to safeguard the client information and for security it…

Q: internal

A: Ans. Gaps in internal control procedure may result in frauds or errors in an organisation.

Q: 1. How may an employee embezzle funds by issuing an unauthorized sales credit memo if the…

A: Embezzlement refers to a form of crime in which an individual or entity misappropriates the assets…

Q: To communicate electronically under a false identity for the purpose of obtaining someone's personal…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :

Q: Case Study A Scenario A major retailer asked the IS auditor to review their readiness for complying…

A: An information technology audit is defined as an examination for controlling the management within…

Q: Identify at least three risks that auditors need to consider for companies that process web-based…

A: Audit risk is the possibility that financial statements are materially incorrect, even if the audit…

Q: Which preventive, detective, and/or corrective controls would best mitigate the following threat,…

A: The preventive controls made the management follow up procedures that protect the control system…

Q: Discuss how EDI dealing with sensitive information, such as inventory amounts and price data, is no…

A: Electronic Data Interchange: Electronic data interchange (EDI) is the channel between the computer…

Q: Explain how prenumbered shipping documents and sales invoicescan be useful controls for preventing…

A: Prenumbering: It refers to the process of assigning of numbers to documents which can be identified.

Q: “In an EDI system, only the customer needs to verify that the order being placed is from a valid…

A: Electronic Data Interchange:   Electronic data interchange (EDI) is the channel between the…

Q: What according to the book can contact personnel do to handle unreasonable demands? O a. Appeal to…

A: Unreasonable demand is the demand which is not fair and reasonable. It lacks moral ethics, is…

Q: What prevents you from deleting the record of the vendor list? This from quitbooks.

A: Quick books has  system of accounting control  where in all users do not have access to updating…