Discuss the benefits that may be realized in switching from a computerized batch processing system to a direct access storage system. Also, discuss any additional control implications.

Q: How can Embedded Audit Modules in software be utilized in an audit?

A: Audit: Audit is the process of verification of the compliance of the financial statements.

Q: Discuss how the elements of efficiency, effectiveness, and flexibility are crucial to the design of…

A: Information system is a system which consists of some interrelated components which stores, edits…

Q: Discuss the independence issue related to Generalized Audit Software

A: GAS stands for Generalized Audit Software, which is defined as the software created in order to…

Q: what factor influences the decisions to employ real time data collection with batch updating rather…

A: Transaction process system:   Transaction process system can be defined as a system designed to…

Q: Explain how an embedded audit module works.

A:

Q: Create a system flowchart of the existing system.

A: Flowchart:   Flowchart is representation of procedures concerned with the transactions in the…

Q: How could a computerized system’s transaction audit trail in an advancedsystem differ from one in a…

A: Audit Trail: The accounting records of an entity are provided in an audit trail. It is used to…

Q: What information would a batch control record contain?

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Q: What are the primary objectives of a batch control?

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Q: What is the control issue related to reentering corrected error records into a batch processing…

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Q: The most significant control challenges in end-user computer settings are as follows:

A: Introduction: The following are the most significant control challenges that arise in end-user…

Q: What factors influences the decision to employ real time data collection with batch updating rather…

A: Batch Processing through Real Time Data collection system:Real time processing process the…

Q: What is the most crucial aspect of the transition from serial to batch processing?

A: Batch accounting is referred as the transferring system of an items from the ledger, journal, and…

Q: What are the strengths and weaknesses of a batch process with sequential files?

A: In a sequential file processing in batch mode, the master file is updated by incorporating the…

Q: Explain why certain duties that are deemed incompatible in a manual system may be combined in a…

A: Computer-Based Information System: Computer-based information system refers to that arrangement…

Q: Describe the differences between a data flow diagram and a system flowchart. Give an example of when…

A: Data flow diagram and system flowcharts are used in the business to graphically represent the…

Q: Explain why an organization would choose to install a distributed instead of a centralized computer…

A: Choosing Distributed Data Processing: There are one or more mainframe computers in centralized…

Q: What activities are involved in the batch processing system?

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Q: One way ERP vendors help to make the configuration process easier for their customers is to:…

A: One way ERP vendors helps to make the configuration process easier for their customers is to develop…

Q: Audit approaches to computerized systems – Auditing around and through the computer

A: Audit:- It is means verification of the accounting books whether the company is following the…

Q: What factor influences the decision to employ real-time data collection with batch updating rather…

A: Definition: Transaction process system: The transaction process system can be defined as a system…

Q: Briefly describe record counts, batch totals, and hash totals. What types of errors in input…

A: Input controls: It is created to provide reasonable guarantee of received data for processing by the…

Q: How may batch processing be used to improve operational efficiency?

A: Batch Processing: Batch processing refers to as a process involving multiple transactions which are…

Q: Define audit trail. How could a computerized system’s transaction audit trail in an advancedsystem…

A: Audit Trail: The accounting records of an entity are provided in an audit trail. It is used to…

Q: Which of the following would strengthen organizational control over a large-scale data processing…

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Q: Why do ERP systems need bolt-on software? Give an example of bolt-on software.

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Q: List the control features that directly contribute to the security of the computer center…

A: Computer Center: An enterprise established for performing complex and laborious computation tasks by…

Q: Discuss the major control implications of batch systems with real-time data input. What compensating…

A: Audit: Audit is the process of verification of the compliance of the financial statements.

Q: What types of tasks become redundant in a distributed data processing system?

A: Distributed data system involves reorganization the central IT function into smaller IT units which…

Q: What is the name given to the systems development approach used to quickly produce a model of user…

A: System Development Approach: There are various approaches which can be used in order to develop a…

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: Why is the object-oriented approach particularly suited to ERP system design?

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Q: What are some tests of data communications controls?

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Q: What are CAATs (Computer-aided audit tools)?

A: CAAT is a technique through which, computer is being used in performing some part of the auditing…

Q: As users determine new computer application needs, requests must be sent to both the system…

A: Database Management: Database management refers to management of databases held within an…

Q: Discuss how the nature of the necessary internal control features is affected by switching from a…

A: For the purpose of an internal control, functions in the manual system are located in physically…