Question 1

System flowcharts

Accepted Answer

A)  depict logical tasks that are being performed, but not who is performing them 
B)  illustrate the relationship between database entities in systems. 
C)  represent relationships between key elements of both manual and computer systems. 
D)  describe the internal logic of computer applications in systems. . 
A)  depict logical tasks that are being performed, but not who is performing them 
B)  illustrate the relationship between database entities in systems. 
C)  represent relationships between key elements of both manual and computer systems. 
D)  describe the internal logic of computer applications in systems. . C

Question 2

List a method of data processing that uses the destructive update approach?

Accepted Answer

batch method using direct access files or real-time processing

Question 3

Which symbol represents a manual operation?

Accepted Answer

A)    
B)    
C)    
D) 
  
A)    
B)    
C)    
D) 
  D

Question 4

List two of the three transaction cycles.

Accepted Answer

expenditur

Question 5

A control account is a general ledger account which is supported by a subsidiary ledger.

Accepted Answer

A) True 
 B)False

Question 6

Give an example of how cardinality relates to business policy?

Accepted Answer

Cardinality reflects normal business rul

Question 7

Why might an auditor use a program flowchart?

Accepted Answer

When testing an application pr

Question 8

Which accounting application is least suited to batch processing?

Accepted Answer

A)  general ledger 
B)  vendor payments 
C)  sales order processing 
D)  payroll 
A)  general ledger 
B)  vendor payments 
C)  sales order processing 
D)  payroll

Question 9

Give a specific example of a turn-around document.

Accepted Answer

credit card,electric

Question 10

An inverted triangle with the letter "N" represents a file in "name" order.

Accepted Answer

A) True 
 B)False

Question 11

Which symbol represents a document?

Accepted Answer

A)    
B)    
C)    
D) 
  
A)    
B)    
C)    
D)

Question 12

Risk exposures in the General Ledger and Financial Reporting Systems include all of the following except

Accepted Answer

A)  loss of the audit trail 
B)  unauthorized access to the general ledger 
C)  loss of physical assets 
D)  general ledger account out of balance with the subsidiary account 
A)  loss of the audit trail 
B)  unauthorized access to the general ledger 
C)  loss of physical assets 
D)  general ledger account out of balance with the subsidiary account

Question 13

Which method of processing does not use the destructive update approach?

Accepted Answer

A)  batch processing using direct access files 
B)  real-time processing 
C)  batch processing using sequential files 
D)  all of the above use the destructive update approach 
A)  batch processing using direct access files 
B)  real-time processing 
C)  batch processing using sequential files 
D)  all of the above use the destructive update approach

Question 14

A file that stores data used as a standard when processing transactions is

Accepted Answer

A)  a reference file 
B)  a master file 
C)  a transaction file 
D)  an archive file 
A)  a reference file 
B)  a master file 
C)  a transaction file 
D)  an archive file

Question 15

Name four documentation techniques?

Accepted Answer

entity-relationship

Question 16

What is XML?

Accepted Answer

XML (eXtensible Markup Language)is a met

Question 17

All of the following can provide evidence of an economic event except

Accepted Answer

A)  source document 
B)  turn-around document 
C)  master document 
D)  product document 
A)  source document 
B)  turn-around document 
C)  master document 
D)  product document

Question 18

Why is the audit trail necessary?

Accepted Answer

The audit trail is needed for several re

Question 19

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

Accepted Answer

No.A DFD shows which tasks are

Question 20

List,in order,the steps in the Financial Accounting Process.

Accepted Answer

1. Capture the transaction on source doc

System flowcharts

List a method of data processing that uses the destructive update approach?

Which symbol represents a manual operation?

List two of the three transaction cycles.

A control account is a general ledger account which is supported by a subsidiary ledger.

Give an example of how cardinality relates to business policy?

Why might an auditor use a program flowchart?

Which accounting application is least suited to batch processing?

Give a specific example of a turn-around document.

An inverted triangle with the letter "N" represents a file in "name" order.

Which symbol represents a document?

Risk exposures in the General Ledger and Financial Reporting Systems include all of the following except

Which method of processing does not use the destructive update approach?

A file that stores data used as a standard when processing transactions is

Name four documentation techniques?

What is XML?

All of the following can provide evidence of an economic event except

Why is the audit trail necessary?

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

List,in order,the steps in the Financial Accounting Process.

Auditing and Internal Control

Auditing IT Governance Controls

Security Part I: Auditing Operating Systems and Networks

IT Security Part II: Auditing Database Systems

Systems Development and Program Change Activities

Computer-Assisted Audit Tools and Techniques

Data Structures and CAATTs for Data Extraction

Auditing the Revenue Cycle

Auditing the Expenditure Cycle

Business Ethics, Fraud, and Fraud Detection

Enterprise Resource Planning Systems

Filters

Exam 6: Overview of Transaction Processing and Financial Reporting Systems

System flowcharts

List a method of data processing that uses the destructive update approach?

Which symbol represents a manual operation?

List two of the three transaction cycles.

A control account is a general ledger account which is supported by a subsidiary ledger.

Give an example of how cardinality relates to business policy?

Why might an auditor use a program flowchart?

Which accounting application is least suited to batch processing?

Give a specific example of a turn-around document.

An inverted triangle with the letter "N" represents a file in "name" order.

Which symbol represents a document?

Risk exposures in the General Ledger and Financial Reporting Systems include all of the following except

Which method of processing does not use the destructive update approach?

A file that stores data used as a standard when processing transactions is

Name four documentation techniques?

What is XML?

All of the following can provide evidence of an economic event except

Why is the audit trail necessary?

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

List,in order,the steps in the Financial Accounting Process.

Auditing and Internal Control

Auditing IT Governance Controls

Security Part I: Auditing Operating Systems and Networks

IT Security Part II: Auditing Database Systems

Systems Development and Program Change Activities

Computer-Assisted Audit Tools and Techniques

Data Structures and CAATTs for Data Extraction

Auditing the Revenue Cycle

Auditing the Expenditure Cycle

Business Ethics, Fraud, and Fraud Detection

Enterprise Resource Planning Systems

Filters