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As a form of internal control, a SAS 70 audit is least likely to address which of the following risks associated with ASPs?


A) Compromised data
B) Inability to pay monthly fees
C) Financial costs associated with setting up a computer network
D) Cost of purchasing software

E) B) and D)
F) A) and D)

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Consider the following short case as you respond to the next question: Scott and Logan are the CEO and CFO of MLN Corporation. The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones. They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system. A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation. Which of the following pieces of advice is most applicable to MLN?


A) Form a smaller implementation team.
B) Ensure that the implementation team has wider representation.
C) Both A and B.
D) Neither A nor B.

E) B) and C)
F) None of the above

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An ASP specializes in software applications for government agencies. It is best described as which type of ASP?


A) Enterprise
B) Vertical market
C) Volume business
D) Application

E) A) and C)
F) A) and D)

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Enterprise resource planning systems are a sophisticated form of relational database technology; one common ERP system module is customer relationship management. Create database specifications (table names and field names) for three tables you would expect to find in an ERP system's customer relationship management module. At least one of the tables must be a junction table. Indicate primary keys by underlining and foreign keys with brackets; ensure that each table is in 3NF.

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Customer table
Customer ID
Customer name...

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Which of the following statements about B2B e-business is most true?


A) Companies engaged in B2B can benefit from the COSO internal control and enterprise risk management frameworks.
B) Companies engaged in B2B must be at Level Three of the capability maturity model.
C) The weighted-rating technique is irrelevant to companies engaged in B2B.
D) Expansion into B2B is based on requirements analysis, the first step in the systems development life cycle.

E) A) and B)
F) B) and C)

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