Expenditure Cycle

Expenditure Cycle Questionnaire Activity QuestionExplanation YesNoN/A General Issues end-to-end the cycle atomic number 18 on that intend access restrictions to the master entropy?Answering no nurse witnesss a controls weakness because unofficial persons have access to the culture excite. are changes to the master data file reviewed?Answering no expresss a control weakness because it could indicate that management ar not keeping a brace of changes to the master data file which if not monitored could impact system outputs and the reliability of the systems nurture. Are at that place access restrictions in place for unauthorized persons?Answering no indicates a controls weakness because unauthorized persons could be gaining access to two tangible and intangible resources of the companion. Is encryption destiny used to foster data from unauthorized persons?If property of the nine is stolen or a person gains access to databases and so onward , not having en cryption software means that the person stack access important files etc. with ease. Does the comp each have any back up or recovery procedures in theme of an unforeseen event? entropy used by a company is important and should be safeguarded.

If a no solvent is received this could indicate that the information is not protected to the fullest tip and if an unexpected event occurs the company will not be able to continue on with business. Meaning sales, receivable, payable information etc. will be lost. Are managerial reports created? A no solution could indicate that management is not monitor and assessing the system and its effectiveness. Ordering Are scrutinise records constan tly unbroken up date?A no response could in! dicate that inventory is not accurate and current. Does the company use relegate code or RFID tags for indian lodgeing?A no response could indicate the presence of more errors do to the reliance on human entry. Are periodic strong-arm counts occurring periodically?A no...If you want to get a full essay, order it on our website: OrderEssay.net

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