What would be of GREATEST concern to an IS auditor reviewing end-user computing (EUC) spreadsheets used for financial reporting in which version control is enforced?
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A. B. C. D.B.
When an IS auditor reviews end-user computing (EUC) spreadsheets used for financial reporting, version control is a critical aspect to consider. Version control refers to the process of tracking and managing changes to documents or files, ensuring that changes are made systematically and securely, and that the latest version of a document is always available.
Out of the given options, the greatest concern for an IS auditor reviewing EUC spreadsheets used for financial reporting in which version control is enforced would be option B: Spreadsheets are maintained in various locations.
The reason for this is that spreadsheets maintained in various locations make it difficult to enforce version control, which can result in the creation of multiple versions of the same spreadsheet. This can lead to confusion and errors in financial reporting, as well as make it challenging to track and audit changes made to the spreadsheet.
Options A, C, and D are also important to consider, but they are not as critical as version control. Option A, where access requests are processed manually, may result in delays in granting access or lead to errors in access control, but this does not necessarily affect version control.
Option C, where spreadsheet owners are only reviewed annually, may impact the accuracy and reliability of the spreadsheet, but it is not directly related to version control. Finally, option D, where spreadsheets are not password protected, may pose a security risk, but it does not impact version control directly.
In summary, when reviewing EUC spreadsheets used for financial reporting in which version control is enforced, an IS auditor's greatest concern would be ensuring that spreadsheets are maintained in a central location to ensure accurate version control.