Which of the following are IT controls that the auditor might expect in the revenue business process?
A)The accounting system matches the information on the sales order and the shipping document with the sales invoice before revenue is recognized
B)Sales revenue is recognized based on the date on the invoice document
C)IT system prepares reports listing sales orders that have been shipped,and shipments that have been billed
D)IT system restricts access to individuals authorized to read sales orders,shipping documents,and sales invoices
E)Goods are shipped only to customers with valid sales orders
F)Both A and E
G)Both B and D

Question

Quizplus · Accepted Answer

IT control A ensures that revenue is recognized accurately, and IT control E ensures that goods are only shipped to customers with legitimate orders. Both of these controls are important in the revenue business process. IT controls B and D are not specific to the revenue process and may also apply to other processes within the organization. IT control C is a monitoring control and not a preventive control.

Which of the Following Are IT Controls That the Auditor