Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is the situation most likely to require proce

What is the situation most likely to require process and technical controls to fulfill roles...

60.1K

Verified Solution

Question

Accounting

imageimageimage

What is the situation most likely to require process and technical controls to fulfill roles usually associated with system & organization controls? A user entity relying on a service organization with no blockchain component. O A user entity relying on a blockchain component from a large service organization which is clearly and easily identifiable. O A user entity relying on outsourced services to which existing standards apply. O A user entity relying on a blockchain component not tied to a single service organization. Which audit challenge associated with blockchains could not be addressed using an appropriate tool? O Overcoming normal limits of transaction verification O Finding a way to get important off-chain data onto the blockchain. Assessing the relevance and accuracy of audit data. O Aggregating blockchain reporting data by connecting multiple client exchange accounts. What is important for comprehensive process controls? O Knowledge of daily balances of wallets. O A balance of both physical and digital security. O Public key storage security. O A cell phone number attached to a wallet

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain how fair value affects the relevances and reliability offinancial statement using a example...

Accounting
Q

Consider the following regression results of B for time series data. The dependent variable is the...

Advance Math
Q

1/ examples of limitations in logic and observation in psychology ? 2/In Psychophysics of Human Perception: How...

Psychology
Q

Q1. What are the Dulong-Petit law and Einstein model for the heat capacity of solids?

Physics
Q

rmine whether 1 9 is a solution of x 10 2 y 6 112 e...

Geometry
Q

Suppose the following plate is placed on a vertical wall so that the top of...

Basic Math
Q

Sean used cross multiplication to correctly solve a rational equation He found one valid solution...

Basic Math
Q

From an angle of depression of 40, John watches his friend approach his buildingwhile standing...

Basic Math
Q

1 Let w be a vector with initial point 4 4 and terminal point 2...

Algebra
Q

3. present value method in comparing projects? PR 26-5B Alternative capital investments OBJ. 3, 4...

Accounting
Q

Requirements x Data table Requirement 1. Prepare a production budyet lor each month in the...

Accounting
Q

Which of the following statements regarding existing theories of capital structure is false? o Modigliani...

Finance