Using MIS (9th Edition)
Using MIS (9th Edition)
9th Edition
ISBN: 9780134106786
Author: David M. Kroenke, Randall J. Boyle
Publisher: PEARSON
Expert Solution & Answer
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Chapter 6, Problem 6.17CS6

Explanation of Solution

Analyzing Security Exchange Commission’s (SEC) view:

Yes. The SEC’s view which is discussed in question 6.16 is agreed.

Reason for agreeing Security Exchange Commission’s (SEC) views:

Example:

Consider the example of dealer-broker retention necessities for both integrated software/hardware control codes and software applications.

  • Using a system which combines both software and hardware control structures, a dealer-broker cannot violate the rule that avoid overwriting or deletions of records during its required retention period.
  • Similarly when using software application that use extrinsic controls, there may be a chance to limit the record accessing using system passwords...

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