Question 1

One of the unique risks of protecting hardware and data is:

Accepted Answer

A) lack of traditional authorization. 
B) the decreased risk of loss or destruction of data files if data is stored in a centralized location. 
C) the ease at which the IT system can be installed and maintained. 
D) the unauthorized access to the IT system resulting in improper changes in software programs and master files. 
A) lack of traditional authorization. 
B) the decreased risk of loss or destruction of data files if data is stored in a centralized location. 
C) the ease at which the IT system can be installed and maintained. 
D) the unauthorized access to the IT system resulting in improper changes in software programs and master files.

Question 2

One category of general controls is physical and online access controls.Describe the control and give at two examples of implementation of the control.

Accepted Answer

Physical controls over computer equipmen

Question 3

The effectiveness of automated controls depends solely on the competence of the personnel performing the controls.

Accepted Answer

A) True 
 B)False

Question 4

A ________ total represents the summary total of codes from all records in a batch that do not represent a meaningful total.

Accepted Answer

A) record 
B) hash 
C) output 
D) financial 
A) record 
B) hash 
C) output 
D) financial

Question 5

Which of the following is not a general control?

Accepted Answer

A) Computer performed validation tests of input accuracy. 
B) Equipment failure causes error messages on monitor. 
C) There is a separation of duties between programmer and operators. 
D) There are adequate program run instructions for operating the computer. 
A) Computer performed validation tests of input accuracy. 
B) Equipment failure causes error messages on monitor. 
C) There is a separation of duties between programmer and operators. 
D) There are adequate program run instructions for operating the computer.

Question 6

An example of a physical control is:

Accepted Answer

A) a hash total. 
B) a parallel test. 
C) the matching of employee fingerprints to a database before access to the system is allowed. 
D) the use of backup generators to prevent data loss during power outages. 
A) a hash total. 
B) a parallel test. 
C) the matching of employee fingerprints to a database before access to the system is allowed. 
D) the use of backup generators to prevent data loss during power outages.

One of the unique risks of protecting hardware and data is:

One category of general controls is physical and online access controls.Describe the control and give at two examples of implementation of the control.

The effectiveness of automated controls depends solely on the competence of the personnel performing the controls.

A ________ total represents the summary total of codes from all records in a batch that do not represent a meaningful total.

Which of the following is not a general control?

An example of a physical control is:

The Demand for Audit and Other Assurance Services

The Cpa Profession

Audit Reports

Professional Ethics

Legal Liability

Audit Responsibilities and Objectives

Audit Evidence

Audit Planning and Analytical Procedures

Materiality and Risk

Internal Control, Control Risk, and Section 404 Audits

Fraud Auditing

Overall Audit Strategy and Audit Program

Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions

Audit Sampling for Tests of Controls and Substantive Tests of Transactions

Completing the Tests in the Sales and Collection Cycle: Accounts Receivable

Audit Sampling for Tests of Details of Balances

Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable

Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts

Audit of the Payroll and Personnel Cycle

Audit of the Inventory and Warehousing Cycle

Audit of the Capital Acquisition and Repayment Cycle

Audit of Cash and Financial Instruments

Completing the Audit

Other Assurance Services

Internal and Governmental Financial Auditing and Operational Auditing

Filters

Exam 12: The Impact of Information Technology on the Audit Process

One of the unique risks of protecting hardware and data is:

One category of general controls is physical and online access controls.Describe the control and give at two examples of implementation of the control.

The effectiveness of automated controls depends solely on the competence of the personnel performing the controls.

A ________ total represents the summary total of codes from all records in a batch that do not represent a meaningful total.

Which of the following is not a general control?

An example of a physical control is:

The Demand for Audit and Other Assurance Services

The Cpa Profession

Audit Reports

Professional Ethics

Legal Liability

Audit Responsibilities and Objectives

Audit Evidence

Audit Planning and Analytical Procedures

Materiality and Risk

Internal Control, Control Risk, and Section 404 Audits

Fraud Auditing

Overall Audit Strategy and Audit Program

Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions

Audit Sampling for Tests of Controls and Substantive Tests of Transactions

Completing the Tests in the Sales and Collection Cycle: Accounts Receivable

Audit Sampling for Tests of Details of Balances

Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable

Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts

Audit of the Payroll and Personnel Cycle

Audit of the Inventory and Warehousing Cycle

Audit of the Capital Acquisition and Repayment Cycle

Audit of Cash and Financial Instruments

Completing the Audit

Other Assurance Services

Internal and Governmental Financial Auditing and Operational Auditing

Filters