Which of the following statements most appropriately describes the nature of digitalization?
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Ma4.
Which of the following statements most appropriately describes the nature of digitalization?
a) It concerns individuals. b) It concerns industries. c) It concerns IT departments. d) None of the above.
Step by step
Solved in 2 steps
- Which statement is NOT correct?a. Legacy systems may process financially significant transactions.b. Some legacy systems use database technology.c. Mainframes are exclusive to legacy systems, while modern systems use only the client-server model.d. All the above are true.What is one of the topics currently being addressed by the EITF in 2 0 2 4 ? Why do you suppose that the EITF, and not the FASB, is addressing this issue? please provide your sourceShould section 404 of Sarbanes–Oxley be extended to include cybersecurity?
- Should the FASB have overturned the software revenue recognition portion within ASC 985-605? As part of your explanation, consider whether firms will now have too much flexibility to manipulate revenues.The installation of a database management system is likely to have the least impact ona. data redundancy.b. entity-wide sharing of common data.c. exclusive ownership of data.d. the logic needed to solve a problem in an application program.e. the internal controls over data access.8. Why governance matters in an integrated report? 9. Is it bad for an entity not doing an integrated report? Why?
- Which statement best describes the issue of distributed data processing (DDP)?a. The centralized and DDP approaches are mutually exclusive; an organization must choose one approach or the other.b. The philosophy and objective of the organization’s management will determine the extent of DDP in the firm.c. In a minimum DDP arrangement, only data input and output are distributed, leaving the tasks of data control, data conversion, database management, and data processing to be cen- trally managed.d. The greatest disadvantage of a totally distributed environment is that the distributed infor- mation processing unit locations are unable to communicate and coordinate their activities.e. Although hardware (such as computers, database storage, and input/output terminals) can be effectively distributed, the systems development and maintenance tasks must remain centralized for better control and efficiency.Since information systems often involve advanced technologies that are beyond the knowledge level of typical users, should users play an active role in the SDLC? If so, how should they be involved? How can the accountant be involved?3. Which of the following is not a risk specific to CIS environment ? a. reliance on the functioning capabilities of hardware and software. b. increased human involvement c. loss of data due to insufficient backup d. unauthorized access Required: choose the correct answer and Justify your answers in at least 6 sentences.
