Effective __________ are critical to an organization's financial performance because fraud is easy to commit and hard to detect.
A)financial statement systems
B)auditing information systems
C)consolidated systems
D)compliance systems

Question

Quizplus · Accepted Answer

Auditing information systems are critical to an organization's financial performance because they help in detecting and preventing fraud. Financial statement systems help in preparing financial reports, consolidated systems help in combining financial information from different sources, and compliance systems help in ensuring that an organization is complying with rules and regulations. However, none of these systems specifically address the issue of fraud detection and prevention, which makes auditing information systems the best choice for this question.

Effective __________ Are Critical to an Organization's Financial Performance Because