The Ocoee office finds this access-control issue: shared password used for banking. Which administrative response is most appropriate?
Correct Answer
B) credential control policy
Administrative access controls should remove unnecessary access and protect payment and accounting systems.
Why This Is the Correct Answer
Administrative access controls should remove unnecessary access and protect payment and accounting systems.
Why the Other Options Are Wrong
Option A: bid tab recap file
bid tab recap file skips the written authority, scope, price, notice, or release control needed for system access control.
Option C: fuel card charge log
fuel card charge log skips the written authority, scope, price, notice, or release control needed for system access control.
Option D: daily report note
daily report note skips the written authority, scope, price, notice, or release control needed for system access control.
Memory Technique
System Access square for Controller Reviews: scope, authority, price, paper.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Accounting System Access Controls; verify the record, approval, or control duty before selecting the answer.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
People Also Study
Related Study Resources
Previous Question
For a Cooper City contractor's balance sheet, current assets are $1,064,000 and current liabilities are $760,000. What current ratio should be reported?
Next Question
The St. Augustine employment-compliance file shows this issue: new hire file lacks eligibility document. Which action best fits?