Question 1

Name four input controls and describe what they test?

Accepted Answer

1. numeric-alphabetic checks look for the correct type of character content in a field, numbers or letters; 
2. limit checks verify that values are within preset limits;
3. range checks verify the values fall with in an acceptable range
4. reasonableness check determines if a value in one field, which has already passed a limit check and a range check, is reasonable when considered along with data in other fields of the record.

Question 2

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  True

Question 3

Output controls ensure that output is not lost, misdirected, or corrupted and that privacy is not violated. What are some output exposures or situations where output is at risk?

Accepted Answer

output spooling, delayed printing, waste, report distribution

Question 4

Which of the following does not influence the length of time a hard copy report is retained?

Accepted Answer

A)  Statutory requirements. 
B)  The number of copies in existence. 
C)  The number of pages of the report. 
D)  All of these factors influence the length of time a hard copy report is retained. 
A)  Statutory requirements. 
B)  The number of copies in existence. 
C)  The number of pages of the report. 
D)  All of these factors influence the length of time a hard copy report is retained.

Question 5

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 6

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 7

Shredding computer printouts is an example of an output control.

Accepted Answer

A) True 
 B)False

Question 8

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 9

Tracing is a method used to verify the logical operations executed by a computer application.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

Contrast the black box approach to IT auditing and the white box approach. Which is preferred?

Accepted Answer

The black box approach is not concerned

Question 12

Which test is not an example of a white box test?

Accepted Answer

A)  determining the fair value of inventory 
B)  ensuring that passwords are valid 
C)  verifying that all pay rates are within a specified range 
D)  reconciling control totals 
A)  determining the fair value of inventory 
B)  ensuring that passwords are valid 
C)  verifying that all pay rates are within a specified range 
D)  reconciling control totals

Question 13

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 14

The firm allows no more than 10 hours of overtime a week. An employee entered "15" in the field. Which control will detect this error?

Accepted Answer

The answer of The firm allows no more than 10...

Question 15

The black box approach to testing computer applications require a detailed knowledge of the the program logic being tested.

Accepted Answer

A) True 
 B)False

Question 16

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 17

Use of the integrated test facility poses no threat to organizational data files.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is not an example of a processing control?

Accepted Answer

A)  hash total. 
B)  record count. 
C)  batch total. 
D)  check digit 
A)  hash total. 
B)  record count. 
C)  batch total. 
D)  check digit

Question 19

Explain input controls.

Accepted Answer

Input controls are programmed

Question 20

Input controls are intended to detect errors in transaction data after processing.

Accepted Answer

A) True 
 B)False

Name four input controls and describe what they test?

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

Output controls ensure that output is not lost, misdirected, or corrupted and that privacy is not violated. What are some output exposures or situations where output is at risk?

Which of the following does not influence the length of time a hard copy report is retained?

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

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

Shredding computer printouts is an example of an output control.

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

Tracing is a method used to verify the logical operations executed by a computer application.

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

Contrast the black box approach to IT auditing and the white box approach. Which is preferred?

Which test is not an example of a white box test?

An example of a hash total is

The firm allows no more than 10 hours of overtime a week. An employee entered "15" in the field. Which control will detect this error?

The black box approach to testing computer applications require a detailed knowledge of the the program logic being tested.

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

Use of the integrated test facility poses no threat to organizational data files.

Which of the following is not an example of a processing control?

Explain input controls.

Input controls are intended to detect errors in transaction data after processing.

Auditing and Internal Control

Auditing IT Governance Controls

Auditing Operating Systems and Networks

Auditing Database Systems

Systems Development and Program Change Activities

Transaction Processing and Financial Reporting Systems Overview

Data Structures and Caatts for Data Extraction

Auditing the Revenue Cycle

Auditing the Expenditure Cycle

Enterprise Resource Planning Systems

Business Ethics, Fraud, and Fraud Detection

Filters

Exam 7: Computer Assisted Audit Tools and Techniques

Name four input controls and describe what they test?

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

Output controls ensure that output is not lost, misdirected, or corrupted and that privacy is not violated. What are some output exposures or situations where output is at risk?

Which of the following does not influence the length of time a hard copy report is retained?

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

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

Shredding computer printouts is an example of an output control.

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

Tracing is a method used to verify the logical operations executed by a computer application.

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

Contrast the black box approach to IT auditing and the white box approach. Which is preferred?

Which test is not an example of a white box test?

An example of a hash total is

The firm allows no more than 10 hours of overtime a week. An employee entered "15" in the field. Which control will detect this error?

The black box approach to testing computer applications require a detailed knowledge of the the program logic being tested.

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

Use of the integrated test facility poses no threat to organizational data files.

Which of the following is not an example of a processing control?

Explain input controls.

Input controls are intended to detect errors in transaction data after processing.

Auditing and Internal Control

Auditing IT Governance Controls

Auditing Operating Systems and Networks

Auditing Database Systems

Systems Development and Program Change Activities

Transaction Processing and Financial Reporting Systems Overview

Data Structures and Caatts for Data Extraction

Auditing the Revenue Cycle

Auditing the Expenditure Cycle

Enterprise Resource Planning Systems

Business Ethics, Fraud, and Fraud Detection

Filters