Which general IT control includes control over SDLC phases for software upgrades and modifications?

A) Program development controls
B) Access security controls
C) Computer operations controls
D) Program change controls

Answer: D

Business

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When there is a lack of consistent application of GAAP due to a new accounting pronouncement, no explanatory paragraph is required

Indicate whether the statement is true or false

Business

What type of account is increased with a debit but is a decrease to Retained Earnings?

a. Liability b. Asset c. Revenue d. Expense

Business