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Question
Part A
Accounting Systems and Information Assurance -
A system of controls does not provide absolute assurance that the control objectives of an organisation will be met. Required:
List and explain five inherent limitations in any system that reduce the level of assurance. List five (5) limitations of controls Explanation
Part B
A crucial aspect of an organisation's control system is its ability to recover from any accidents or disasters that may occur and to minimise the damage to the organisation and its resources. This aspect of the control system is encompassed in the disaster recovery plan.
Required: i) What is a disaster recovery plan? ii) Explain the different types of temporary sites, including the benefits of each type.
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