Question

Why would a systems programmer create a back door if he or she has access to the program in his or her day-to-day tasks?

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Business
Accounting

Accounting Information Systems

Related Accounting Q&A

Find answers to questions asked by students like you.

Q: Prepare journal entries to record the following transactions for a retail store. The company uses a ...

A: Perpetual Inventory System: It is an inventory system wherein the accounts related to inventory are...

Q: Match each of the numbered descriptions with the principle, component, or descriptor that it best re...

A: Given below are the terms indicated with the meaning:

Q: During the most recent year, Quinn Co. bought 2,800 shares of Germana-Hall Corporationcommon stock a...

A: Since Quinn co does not own more than 10% of outstanding stock of any company, the investments are t...

Q: Wayward Company wants to prepare interim financial statements for the first quarter. The company wis...

A: Net sales = Sales - Sales returns = $1,211,160 - $8,410 = $1,202,750 Estimated cost of goods sold = ...

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

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

Q: 2) a) ISA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the...

A: The auditor can have an understanding of the entity and the internal control system. Internal contro...

Q: Togo’s Sandwiches acquired equipment on April 1, 2021, for $18,000. The company estimates a residual...

A: For the year 2021: 9 months is computed from April to December  

Q: Accounting Question

A: Additional paid in capital is the amount received in excess of par value at the time of issue of com...

Q: How is the dictionary definition different from the accounting definition of depreciation?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its...

Q: Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Rece...

A: Uncollectible Receivables are to be calculated below: The formulation:

Q: Transfer Pricing Issues When transfer prices are based on actual cost, a supplying division oftenhas...

A: In order to provide an incentive for a supplying division to reduce costs, the transfer pricing agre...

Q: 1Bridget Youhzi works for a large firm. Her alma mater has asked her to make a presentation to the u...

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...

Q: Prepare journal entries to record the flow of costs in a process costing system

A: Process costing is a method of costing according to which cost data of production are collected for ...

Q: Cutoff tests designed to detect valid sales that occurred before the end of the year but havebeen re...

A: Answer:   Option b.

Q: Which of the following classifications represents the most shares of common stock?a. Unissued shares...

A: Unissued shares are those shares which are not issued yet. Issued shares means those shares which ar...

Q: The Pittsburgh division of Vermont Machinery, Inc., manufactures drill bits.One of the production pr...

A: 1.

Q: Prepare journal entries for the following credit card sales transactions (the company uses the perpe...

A: 1.

Q:  As a business owner you have the need to raise capital from several investors in order to the run ...

A: Capital is the money that is used by an organization to purchase its asset and start its business op...

Q: In the blank space beside each numbered balance sheet item, enter the letter of its balance sheet cl...

A: Current Assets: The short-term assets which can be converted into cash within short period of time ...

Q: Identify whether each description best applies to a periodic or a perpetual inventory system. Record...

A: Perpetual inventory system: Perpetual Inventory System refers to the inventory system that maintains...

Q: Define outstanding check

A: Bank reconciliation: Bank reconciliation can be defined as the process wherein the balances in the a...

Q: he following data are given for Bahia Company: Budgeted production 1,032 units Actual productio...

A: Variance: Variance refers to the difference level in the actual cost incurred and standard cost. The...

Q: Parris Company has shipped $20,000 of goods to Harlow Co., and Harlow Co. has arranged to sell the g...

A: Consignment: It can be defined as an arrangement made by the business in which one party, known as a...

Q: Orlando Medical’s quick (acid-test) ratio at year-end 2018 is closest toa. 0.68.b. $8,578 million.c....

A: Click to see the answer

Q: Starts Inc. gathered the following data for use in developing the budgets for the first quarter (Jan...

A: Sales Budget : Sales budget is the first and basic component of master budget and it shows the expe...

Q: Jones, CPA, is planning the audit of Rhonda’s Company. Rhonda verbally asserts to Jonesthat all expe...

A: Click to see the answer

Q: An auditors’ report by independent accountantsa. gives investors assurance that the company’s financ...

A: Answer:

Q: Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporatio...

A: Intangible Assets: Intangible assets are the long-term assets having no physical existence. However,...

Q: Explain how a business can earn a positive gross profit on its sales and still have a net loss.

A: Gross profit: It can be defined as the difference between the cost of goods sold and the net sales r...

Q: Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. Both S...

A: Click to see the answer

Q: To obtain financing for her hair salon, Valeri asked you toprepare a balance sheet for her business....

A: Assets: These are the resources owned and controlled by business and used to produce benefits for th...

Q: How do sellers benefit from allowing their customers to use credit cards?

A: Click to see the answer

Q: (Learning Objectives 2, 6: Account for stock issuance; report stockholders’equity) The partners who ...

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms. Th...

Q: Name the two main components of stockholders’ equity. Describe the main sources of change in each co...

A: Stockholder’s Equity is the amount of remaining assets if all the liabilities in the business are be...

Q: If a corporation issues 1,000 shares of $1 par value common stock for $12,000, the journalentry woul...

A: Stock: It refers to a security issued in a form of certificate. It implies the right of ownership of...

Q: Define trial balance

A: Trial balance is the summary of all general ledger account balances in the form of debits and credit...

Q: PA2. LO 11.2Jasmine Manufacturing is considering a project that will require an initial investment o...

A: Payback period: Payback period is the length of time in which an investment reaches its break-even p...

Q: Profit before tax for Juventus is estimated at $3,000,000 for the year ended June 30, 2019, during t...

A: Auditor is the person who is responsible for checking and verifying the truthfulness of the financia...

Q: Required The company uses a perpetual inventory system. Determine the cost assigned to ending invent...

A:  

Q: ournal Entries Use the data in Exhibit 14.5. On October 7, Schmidt Machinery Company purchased 720 p...

A: Journal entry: Journal entry is a recording of business transactions in the books of account. It is ...

Q: Lotus Manufacturing Ltd manufactures toy boats. Materials are added at the beginning of the producti...

A: Weighted average method: In the weighted-average method of process costing, the average cost of the...

Q: Why would companies choose one method of accounting for Depreciation over another method?  What are ...

A: Most companies choose one method of accounting over another method on the basis of the accounting po...

Q: Use the following information from Marvel Company for themonth of July. July 1 Beginning inventory 7...

A: Specific identification method: Specific identification method identifies the cost of each item in e...

Q: During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has th...

A: Under FIFO method, inventory which is coming first in the store will be sold first. Ending inventory...

Q: The Sarbanes–Oxley Act of 2002 generally prohibits public accounting firms froma. Acting in a manage...

A: The Sarbanes-Oxley Act of 2002 is a law the U.S. Congress gave July 30 of that year to help shield s...

Q: Over a four-year period, Jackie Corporation reported the following series of gross profits.         ...

A: Gross profit: It can be defined as the difference between the cost of goods sold and the net sales r...

Q: Companies sell common stock to raise long-term capital. What are the pros and cons of selling stock?...

A: Common Stock : Common stock is a type of security that represents ownership of equity in a company. ...

Q: Describe the fundamental principle ofperformance and identify the major activitiesperformed in an au...

A: Describe the fundamental principle of performance:  

Q: What is meant by the term sales mix? What assumption is usually made concerning sales mix inCVP anal...

A: A sales mix (or Product mix) is the ratio of products that are sold by the company. CVP stands for C...

Q: (Learning Objective 1: Determine bonds payable amounts with a discount; amortizebonds using the stra...

A: “Hey, since there are multiple requirements posted, we will answer first three requirements. If you ...