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Advantages of implementing an it-based system

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Question:

"IT Controls" Please respond to the following:

Discuss at least three to five advantages and disadvantages of implementing an IT-based system. Identify at least four inherent operational and financial risks in using computerized reports.

Propose at least two mitigation risk strategies, and justify your recommendation.

Identify at least three risks that auditors need to consider for companies that process Web-based sales transactions, including credit card payments. For each risk identified, develop a mitigation risk strategy. Provide specific examples

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The said paper consists of the advantages and disadvantages of IT system in business. Various risk associated with the use of same and the mitigation techniques has been discussed

Reference no: EM131063815

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