If a firm does not use an ERP,the best way to mitigate the risk of the destruction of master data is to
A)implement backup and disaster recovery procedures.
B)use an ERP.
C)proper segregation of duties.
D)use multiple master data files.

Question

Quizplus · Accepted Answer

Implementing backup and disaster recovery procedures is the best option to mitigate the risk of destruction of master data in the absence of an ERP. This will ensure that the critical data is saved and can be restored in case of any unforeseen event like system failure, cyber-attacks, or natural disasters. Using an ERP system, proper segregation of duties, or multiple master data files may also be helpful, but they are not as effective as backup and disaster recovery procedures in protecting important data.

If a Firm Does Not Use an ERP,the Best Way