Life Cycle Management

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Q: What is the IS auditor’s primary purpose in regard to life cycle management?

a. To verify that evidence supports the organizational objective and that each decision is properly authorized by management

b. To verify that all business contracts are properly signed and executed by management

c. To verify that internal controls are tested prior to implementation by a third-party review laboratory

d. To verify that a sufficient budget was allocated to pay for software development within the allotted time period

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