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Question
Define each of the following input controls and give an example of how they may be used:a. Missing data check
b. Numeric/alphabetic data check
c. Limit check
d. Range check
e. Reasonableness check
f. Validity check
Answer
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Auditors of ERP systems
a. are concerned about segregation of duties just as they would be in traditional systems.
b. focus on output controls such as independent verification because internal processing controls are known to be correct since best practices are used..
c. routinely audit data in the data warehouse because it is know to be clean and free from errors.
d. need not review access levels granted to users since these are determined when the system is configured and never change.
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Closed database architecture is
a. a control technique intended to prevent unauthorized access from trading partners.
b. a limitation inherent in traditional information systems that prevents data sharing.
c. a data warehouse control that prevents unclean data from entering the warehouse.
d. a technique used to restrict access to data marts.
e. a database structure that many of the leading ERPs use to support OLTP applications.
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Separating the data warehouse from the operations databases occurs for all of the following reasons except
a. to make the management of the databases more economical
b. to increase the efficiency of data mining processes
c. to integrate legacy system data into a form that permits entity-wide analysis
d. to permit the integration of data from diverse sources
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Why does the payroll process lend itself to batch processing?
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The Golf Club Company makes custom golf clubs. The manufacturing supervisor interviews people who have specialized manufacturing skills, and he informs payroll when an employee is hired. The employees use a time clock to record the hours they work. The employees are also required to keep a record of the time they spend working on each order. The supervisor approves all time cards.
The accountant analyzes the job tickets and prepares a labor distribution summary. Payroll prepares the payroll register and paychecks. The supervisor distributes the paychecks to the employees. Payroll informs cash disbursement of the funds required to cover the entire payroll amount. The cash disbursements clerk ensures that there are adequate funds in the company's regular checking account to cover the payroll.
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Outline the key steps taken in the purchasing system.
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b. personnel compares the number of employees authorized to receive a paycheck to the number of paychecks prepared
c. production compares the number of hours reported on job tickets to the number of hours reported on time cards
d. payroll compares the labor distribution summary to the hours reported on time cards
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Four principal types of corruption are discussed. Name all four and explain at least two.
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Supply chain management software
a. is typically under the control of external partners in the chain.
b. links all of the partners in the chain, including vendors, carriers, third-party firms, and information systems providers.
c. cannot be integrated into an overall ERP.
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Legacy systems are
a. old manual systems that are still in place.
b. flat file mainframe systems developed before client-server computing became standard.
c. stable database systems after debugging.
d. advanced systems without a data warehouse.
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Which of the following statements is least likely to be true about a data warehouse?
a. It is constructed for quick searching and ad hoc queries.
b. It was an original part of all ERP systems.
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A data warehouse is a relational or multi-dimensional database that may require hundreds of gigabytes of storage.
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OLAP stands for on-line application processing.
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The recommended data architecture for an ERP includes separate operational and data warehouse databases.
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As a form of computer fraud, what is eavesdropping?
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Sarbanes-Oxley (SOX)
a. imposes new corporate disclosure requirements
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c. both a. and b.
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b. stealing cash from an organization after it has been recorded.
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d. a clerk paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor.