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Select all that applyWhich of the statements below explains how technology has impacted internal control systems?Multiple select question.Technologically advanced systems can record who made entries, the date and time of the entry and the source of the entry.Technology has encouraged the growth of e-commerce, which means that there is a higher risk of credit card number theft.Technology can be designed to require the use of password before access to the system is granted.Technology increases job creation and fewer job consolidations.Technology has reduced the number of processing errors.

Question

Select all that applyWhich of the statements below explains how technology has impacted internal control systems?Multiple select question.Technologically advanced systems can record who made entries, the date and time of the entry and the source of the entry.Technology has encouraged the growth of e-commerce, which means that there is a higher risk of credit card number theft.Technology can be designed to require the use of password before access to the system is granted.Technology increases job creation and fewer job consolidations.Technology has reduced the number of processing errors.

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Solution

The statements that explain how technology has impacted internal control systems are:

  1. Technologically advanced systems can record who made entries, the date and time of the entry and the source of the entry.
  2. Technology has encouraged the growth of e-commerce, which means that there is a higher risk of credit card number theft.
  3. Technology can be designed to require the use of password before access to the system is granted.
  4. Technology has reduced the number of processing errors.

The statement "Technology increases job creation and fewer job consolidations." does not explain how technology has impacted internal control systems.

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