This paper circulates around the core theme of As you are planning the annual audit of Norton Corporation, you note that the company has a number of user-operated computers in use in various locations. One of the machines has been installed in the stores department, which has the responsibility for di together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
As you are planning the annual audit of Norton Corporation, you note
that the company has a number of user-operated computers in use in
various locations. One of the machines has been installed in the stores
department, which has the responsibility for disbursing stock items and
for maintaining stores’ records. In your audit, you find that one
employee receives the requisitions for stores, disburses the stock,
maintains the records, operates the computer, and authorizes adjustments
to the total amounts of stock recorded by the computer.
When you discuss the applicable controls with the department manager,
you are told that the user-operated computer is assigned exclusively to
that department. Therefore, the manager contends that it does not
require the same types of controls applicable to large IT systems.
Required:
Comment on the manager’s contention.
Discuss five types of control that would apply to this microcomputer application.
