Business info systems

2. (TCO 5) When Enron, with $62 billion in assets, declared bankruptcy in December 2001, it was the largest bankruptcy in U.S. history. In June 2002, Arthur Andersen, once the largest CPA firm, collapsed. In response to these problems, Congress passed the Sarbanes-Oxley Act of 2002. Recommend internal controls that would satisfy the Sarbanes-Oxley Act. Support your solutions with references to specific textbook pages. (Points : 25) 3. (TCO 7) Chapter 7 discusses controls for systems reliability. Recommend two corrective controls. Support your recommendations with reference to specific textbook pages. (Points : 25) 4. (TCO 8) AIS Threats. Compare and contrast Natural and Political Disasters with the Unintentional Acts as threats to Accounting Information Systems shown in Table 5-1. State your appraisal of which should receive most of management’s attention. Support your solutions with reference to specific textbook pages. (Points : 25) 5. (TCO 11) In Chapter 18 there is a list of eight major factors to consider when dealing with change. Develop a prioritized list of these eight factors and explain why you’ve ranked them in this order. Support your solutions with reference to specific textbook pages. (Points : 25)

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