Exam 7: Control and Accounting Information Systems

Upon acquiring a new computer operating system,management at Berryhill worried that computer virus might cripple the company's operation.Management decided to install anti-virus software and to build a firewall for its operating system.Berryhill chose to ________ the risk of being crippled by computer virus.

The definition of the lines of authority and responsibility and the overall framework for planning,directing,and controlling is laid out by the

The amount of risk a company is willing to accept in order to achieve its goals and objectives is

Describe the steps in the development of a company's risk assessment and response strategy.

Preventive controls are usually superior to detective controls

Melissa is a staff accountant for Quality Paper Company suspected that management might have used "creative accounting" to improve company performance.This situation best reflects a weakness in which aspect of internal environment,as discussed in the COSO Enterprise Risk Management Framework?

Which of the following is not one of the five principles of COBIT5?

What are some of the ways to assign authority and responsibility within an organization?

The examination of the relationships between different sets of data is called

The principle of obtaining or generating relevant,high-quality information to support internal control belongs to which of the COSO's Internal Control Model's component?

SOX suggested the fraud hotline as a mechanism for employees to report fraud and abuse.

Which of the following is a control related to design and use of documents and records?