Identify the true statement about control activities in an e-business environment.
A) Although the same types of control activities are used, they are not as effective in e-business.
B) Adequate separation of duties is not as important in e-commerce as it is in traditional brick-and-mortar businesses.
C) Proper authorization is a key control in e-business - passwords, firewalls, digital signatures and certificates, and biometrics are especially important and must be carefully monitored.
D) A and C only
E) All of the above

Question

Quizplus · Accepted Answer

B: Separation of duties is just as important in e-commerce, because the most common frauds in purchasing and sales transactions are kickbacks and bribery.

Identify the True Statement About Control Activities in an E-Business