What e-commerce internal controls should be put in place? Jason Kane works as an

Question

What e-commerce internal controls should be put in place? Jason Kane works as an Information technology auditor for Netproducts, a retailer that sells merchandise over the internet. Jason has been assigned the responsibility of reviewing the existing procedures and suggesting internal controls that could best protect the company. Netproducts sells its merchandise over the internet and accepts only credit card payments. Netproducts tracks trend information about its sales and maintains all customer, product, and pricing information on its company’s intranet. In addition, Netproducts keeps employee information such as annual leave, payroll deposit, and social security numbers on the intranet. Providing clarification as well as adding a greater depth to your answer, What e-commerce controls should Jason suggest?

Explanation / Answer

Vendor risk assessment Reconciliations for sales, discounts, revenue Discount/ promo codes reconciliations Monitoring of goods and services listing for prohibited goods/services Inventory should be "Zero". ITGC/ Information security Tracking the entire transaction. Fraud Monitoring

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.