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The task of improving the efficiency of Crawford Insurance’s accounting information system was given to a project development team. During the ________ step in the systems development life cycle, the team determined that implementing a new system will yield an internal rate of return of approximately 16.0%.

To create a good business process flowchart, one should emphasize ________ and put less emphasis on ________.

A customer’s check is returned for insufficient funds and the accounts receivable file, stored on a hard drive, is updated. Which one of the following diagrams represents this activity?

The task of improving the efficiency of Crawford Insurance’s accounting information system was given to a project development team. During the ________ step in the systems development life cycle, the team determined that the project’s objectives can be best accomplished by upgrading the existing system.

Identify how firms use predictive analysis.

Carly Jackson is a staff auditor for KPMG. She has been asked to document the client’s existing accounting information system so the engagement team can assess the client’s adequacy of controls around financial reporting. She decides to begin by examining the client’s key software applications, examining a flowchart that illustrates the sequence of logical operations performed by the system in executing the application. To do this, Carly should ask the client for what type of flowchart?

Which type of audits can detect fraud and errors?

What is the correct sequence of the phases in the systems development life cycle?

A ________ shows how a project will be completed, including tasks and who will perform them as well as a timeline and cost estimates.

In a program flowchart, branching to alternative paths is represented by