An IT auditor tested management of access rights and uncovered 48 instances where employees moved to a new position within the organization, but their former access rights were not revoked. System administrators explained that they did not receive information regarding employees' new positions. Which of the following would be the best recommendation to address the root causes of the audit observation?
Actual and projected sales of an entity for September and October are as follows:
All credit sales are collected in the month following the month in which the sale is made.
The September 30 cash balance is US $23,000. Cash disbursements in October are projected to be US $94,000. To maintain a minimum cash balance of US $15,000 on October 31, the entity will need to borrow:
On January 1, Year 1, International Entity entered into an equity-settled share-based payment transaction with its senior executives. This award of 1,000 share options has a 4year vesting period. The market prices of the options and the related shares on the grant date are US $20 and US $80, respectively. The exercise price is US $85. Assuming that the vesting conditions were not met for 100 of the options because of unexpected events in Year 4, the entry to debit option expense at:
An organization with an annual demand of 25.000 units correctly computes its economic order quantity to be 1,000 units Its safety stock is 300 units and the lead time is two days If there are 250 production days in a year what is the reorder point1?
Tools that should be in place to ensure data integrity include III:
I. Monitoring software
II. Change controls
III. Trend analysis
IV.
IV Automatic timeout
