Which of the following controls would most effectively minimize the need to correct failures to collect required information in the account opening process? A quality review staff that checks paper applications to ensure all fields are complete An automated account opening platform that required data entry prior to allowing the accoun to be opened Requiring that a manager review and apprive all new account applications Documenting a procedure that sets forth the steps required to open an account
Which of the following controls would most effectively minimize the need to correct failures to collect required information in the account opening process? A quality review staff that checks paper applications to ensure all fields are complete An automated account opening platform that required data entry prior to allowing the accoun to be opened Requiring that a manager review and apprive all new account applications Documenting a procedure that sets forth the steps required to open an account
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter14: Auditing It Controls Part I: Sarbanes-oxley And It Governance
Section: Chapter Questions
Problem 2MCQ
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Which of the following controls would most effectively minimize the need to correct failures to collect required information in the account opening process?
A quality review staff that checks paper applications to ensure all fields are complete
An automated account opening platform that required data entry prior to allowing the accoun to be opened
Requiring that a manager review and apprive all new account applications
Documenting a procedure that sets forth the steps required to open an account
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