Question 1

Which input control check would detect a posting to the wrong customer account?

Accepted Answer

A)  missing data check 
B)  check digit 
C)  reasonableness check 
D)  validity check 
A)  missing data check 
B)  check digit 
C)  reasonableness check 
D)  validity check

Question 2

Which statement is not true? Embedded audit modules

Accepted Answer

A)  can be turned on and off by the auditor. 
B)  reduce operating efficiency. 
C)  may lose their viability in an environment where programs are modified frequently. 
D)  identify transactions to be analyzed using white box tests. 
A)  can be turned on and off by the auditor. 
B)  reduce operating efficiency. 
C)  may lose their viability in an environment where programs are modified frequently. 
D)  identify transactions to be analyzed using white box tests.

Question 3

What is an embedded audit module?

Accepted Answer

EAM techniques use one or more specially

Question 4

Which statement is not correct? The audit trail in a computerized environment

Accepted Answer

A)  consists of records that are stored sequentially in an audit file 
B)  traces transactions from their source to their final disposition 
C)  is a function of the quality and integrity of the application programs 
D)  may take the form of pointers, indexes, and embedded keys 
A)  consists of records that are stored sequentially in an audit file 
B)  traces transactions from their source to their final disposition 
C)  is a function of the quality and integrity of the application programs 
D)  may take the form of pointers, indexes, and embedded keys

Question 5

A __________________________ fraud affects a large number of victims but the harm to each appears to be very small.

Accepted Answer

The answer of A __________________________ fraud affects a large number...

Question 6

What is the purpose of the auditor's review of SDLC documentation?

Accepted Answer

In reviewing the SDLC documentation,the

Question 7

A salami fraud affects a large number of victims,but the harm to each appears to be very small.

Accepted Answer

A) True 
 B)False

Question 8

Generalized audit software packages are used to assist the auditor in performing substantive tests.

Accepted Answer

A) True 
 B)False

Question 9

Methods used to maintain an audit trail in a computerized environment include all of the following except

Accepted Answer

A)  transaction logs 
B)  Transaction Listings. 
C)  data encryption 
D)  log of automatic transactions 
A)  transaction logs 
B)  Transaction Listings. 
C)  data encryption 
D)  log of automatic transactions

Question 10

A run-to-run control is an example of an output control.

Accepted Answer

A) True 
 B)False

Question 11

Which control is not associated with new systems development activities?

Accepted Answer

A)  reconciling program version numbers 
B)  program testing 
C)  user involvement 
D)  internal audit participation 
A)  reconciling program version numbers 
B)  program testing 
C)  user involvement 
D)  internal audit participation

Question 12

An example of a hash total is

Accepted Answer

A)  total payroll checks-$12,315 
B)  total number of employees-10 
C)  sum of the social security numbers-12,555,437,251 
D)  none of the above 
A)  total payroll checks-$12,315 
B)  total number of employees-10 
C)  sum of the social security numbers-12,555,437,251 
D)  none of the above

Question 13

The base case system evaluation is a variation of the test data method.

Accepted Answer

A) True 
 B)False

Question 14

All of the following concepts are associated with the black box approach to auditing computer applications except

Accepted Answer

A)  the application need not be removed from service and tested directly 
B)  auditors do not rely on a detailed knowledge of the application's internal logic 
C)  the auditor reconciles previously produced output results with production input transactions 
D)  this approach is used for complex transactions that receive input from many sources 
A)  the application need not be removed from service and tested directly 
B)  auditors do not rely on a detailed knowledge of the application's internal logic 
C)  the auditor reconciles previously produced output results with production input transactions 
D)  this approach is used for complex transactions that receive input from many sources

Question 15

In a computerized environment,all input controls are implemented after data is input.

Accepted Answer

A) True 
 B)False

Question 16

The presence of an audit trail is critical to the integrity of the accounting information system.Discuss three of the techniques used to preserve the audit trail.

Accepted Answer

Transaction logs list all transactions s

Question 17

Which statement is correct?

Accepted Answer

A)  compiled programs are very susceptible to unauthorized modification 
B)  the source program library stores application programs in source code form 
C)  modifications are made to programs in machine code language 
D)  the source program library management system increases operating efficiency 
A)  compiled programs are very susceptible to unauthorized modification 
B)  the source program library stores application programs in source code form 
C)  modifications are made to programs in machine code language 
D)  the source program library management system increases operating efficiency

Question 18

How does privacy relate to output control?

Accepted Answer

If the privacy of certain type

Question 19

Input controls include all of the following except

Accepted Answer

A)  check digits 
B)  Limit check. 
C)  spooling check 
D)  missing data check 
A)  check digits 
B)  Limit check. 
C)  spooling check 
D)  missing data check

Question 20

Source program library controls should prevent and detect unauthorized access to application programs.

Accepted Answer

A) True 
 B)False

Which input control check would detect a posting to the wrong customer account?

Which statement is not true? Embedded audit modules

What is an embedded audit module?

Which statement is not correct? The audit trail in a computerized environment

A __________________________ fraud affects a large number of victims but the harm to each appears to be very small.

What is the purpose of the auditor's review of SDLC documentation?

A salami fraud affects a large number of victims,but the harm to each appears to be very small.

Generalized audit software packages are used to assist the auditor in performing substantive tests.

Methods used to maintain an audit trail in a computerized environment include all of the following except

A run-to-run control is an example of an output control.

Which control is not associated with new systems development activities?

An example of a hash total is

The base case system evaluation is a variation of the test data method.

All of the following concepts are associated with the black box approach to auditing computer applications except

In a computerized environment,all input controls are implemented after data is input.

The presence of an audit trail is critical to the integrity of the accounting information system.Discuss three of the techniques used to preserve the audit trail.

Which statement is correct?

How does privacy relate to output control?

Input controls include all of the following except

Source program library controls should prevent and detect unauthorized access to application programs.

The Information System: An Accountant’s Perspective

Introduction to Transaction Processing

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

General Ledger, Financial Reporting, and Management Reporting Systems

Database Management Systems

The REA Approach to Business Process Modeling

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls : Sarbanes-Oxley and IT Governance

IT Controls : Security and Access

Filters

Exam 17: IT Controls : Systems Development Program Changes and Application Controls

Which input control check would detect a posting to the wrong customer account?

Which statement is not true? Embedded audit modules

What is an embedded audit module?

Which statement is not correct? The audit trail in a computerized environment

A __________________________ fraud affects a large number of victims but the harm to each appears to be very small.

What is the purpose of the auditor's review of SDLC documentation?

A salami fraud affects a large number of victims,but the harm to each appears to be very small.

Generalized audit software packages are used to assist the auditor in performing substantive tests.

Methods used to maintain an audit trail in a computerized environment include all of the following except

A run-to-run control is an example of an output control.

Which control is not associated with new systems development activities?

An example of a hash total is

The base case system evaluation is a variation of the test data method.

All of the following concepts are associated with the black box approach to auditing computer applications except

In a computerized environment,all input controls are implemented after data is input.

The presence of an audit trail is critical to the integrity of the accounting information system.Discuss three of the techniques used to preserve the audit trail.

Which statement is correct?

How does privacy relate to output control?

Input controls include all of the following except

Source program library controls should prevent and detect unauthorized access to application programs.

The Information System: An Accountant’s Perspective

Introduction to Transaction Processing

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

General Ledger, Financial Reporting, and Management Reporting Systems

Database Management Systems

The REA Approach to Business Process Modeling

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls : Sarbanes-Oxley and IT Governance

IT Controls : Security and Access

Filters