CORE CONCEPTS OF ACCOUNTING INFORMATION
CORE CONCEPTS OF ACCOUNTING INFORMATION
14th Edition
ISBN: 9781119537311
Author: Simkin
Publisher: WILEY
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Chapter 13, Problem 1TY
To determine

Identify the correct answer for the given statement.

Expert Solution & Answer
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Answer to Problem 1TY

“Option a”

Explanation of Solution

Top managers appoint the steering committees members to oversee the work of an analysis and design the system study. Steering committee should involve in system development work. Top management personnel (one or more auditor) should be included in the steering committee as a represent of the top management. Role of steering committee is,

  • To monitor and interact with a study team and conduct primary investigation for a system, and
  • To facilitate the communication between an organization’s managers and its study teams.

Steering committee has responsibility to hire the consulting firms to perform systems studies.  The steering committee helps monitors the consultant’s progress and critically reviews its systems analysis reports.

From the above explanation it is clear that “option b, c and d” are incorrect options and option “a” is a correct answer.

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