First Federal S & L has an online real-time system, with terminals installed in all of its branches. This system will not accept a customer ' s cash withdrawal instructions in excess of $ 1,000 without the use of a " terminal audit key." After the transaction is authorized by a supervisor, the bank teller then processes the transaction with the audit key. This control can be strengthened by
Question 5( IFTC-0043)
A brokerage firm has changed a program so as to permit higher transaction volumes. After proper testing of the change, the revised programs were authorized and copied to the production library. This practice is an example of
Question 6( IFTC-0023)
In a daily computer run to update checking account balances and print out basic details on any customer ' s account that was overdrawn, the overdrawn account of the computer programmer was never printed. Which of the following control procedures would have been most effective in detecting this fraud?
Question 7( IFTC-0088)
In which of the following locations should a copy of the accounting system data backup of year-end information be stored?
Question 8( IFTC-0018) A computer input control is designed to ensure that Question 9( IFTC-0002)
Which of the following would lessen internal control in a computer processing system?
Question 10( IFTC-0103)