Which of the following is not one of the types of internal audits?
| a |
A comparison of estimates and analysis made before purchase of a major capital asset to actual numbers and results achieved. |
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| b |
An examination of procedures for reporting and disposing of hazardous waste. |
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| c |
A review of source documents and general ledger accounts to determine integrity of recorded transactions. |
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| d |
A review of the corporate organizational structure and reporting hierarchies. |
Which of the following is not one of the 10 internationally recognized best practices for protecting the privacy of customers' personal information?
| a |
Inform customers of the option to opt-out of data collection and use of their personal information. |
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| b |
Provide free credit report monitoring for customers. |
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| c |
Allow customers' browsers to decline to accept cookies. |
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| d |
Utilize controls to prevent unauthorized access to, and disclosure of, customers' information. |
Answer 1) Option D is the answer that is "A review of the corporate organizational structure and reporting hierarchies".
Answer 2) Option B is the correct answer that is "Provide free credit report monitoring for customers". it is not one of the 10 internationally recognized best practices for protecting the privacy of customers' personal information.
Which of the following is not one of the types of internal audits? a A comparison of...
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CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...