Question
In banking operations, there is the need to process high volumes of
transactions accuratelv within a short time. This need is almost always met
through the large-scale use of information technology. Which of the following
situations least likely result from the bank's extensive use of information
technology?
a. Failure to carry out executed transactions within the required time, causing
an inability to receive or make payments for those transactions.
b. Loss of data arising from systems' failure
c. Corruption of data arising from unauthorized interference with the systems.
d. Control breakdowns may occur and remain undetected or uncorrected
because of the physical separation between management and those who
handle the transactions.
Answer
D. Control breakdowns may occur and remain undetected or uncorrected because of the physical separation between management and those who handle the transactions.