Economics · Information Technology Risk Management
The implementation of new cloud-based accounting software and big data analytics impacts how Jackson Corp processes and utilizes information. Consider the following statements: 1. Enhanced security of data due to cloud provider expertise. 2. Difficulty in managing the contract with the third-party cloud provider. 3. Opportunity to test entire populations of audit-relevant data. 4. The potential for misleading insights if data veracity is low. Which of the statements above represent a 'Risk' to Jackson Corp related to these technological advancements?
- 12 and 4✓
- 22 and 3
- 31 and 3
- 41 and 2
Correct answer
2 and 4
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