Question 1

Organizing the audit team and the physical examination of assets are components of which two separate audit stages?

Accepted Answer

A) Planning; evaluating audit evidence. 
B) Planning; collecting audit evidence. 
C) Collecting audit evidence; communicating audit results. 
D) Communicating audit results; evaluating audit evidence. 
A) Planning; evaluating audit evidence. 
B) Planning; collecting audit evidence. 
C) Collecting audit evidence; communicating audit results. 
D) Communicating audit results; evaluating audit evidence.

Question 2

Consideration of risk factors and materiality is most associated with which audit stage?

Accepted Answer

A) Collection of audit evidence. 
B) Communication of audit results. 
C) Audit planning. 
D) Evaluation of audit evidence. 
A) Collection of audit evidence. 
B) Communication of audit results. 
C) Audit planning. 
D) Evaluation of audit evidence.

Question 3

Name and describe the different types of audits.

Accepted Answer

The financial audit - this audit examine

Question 4

The information systems audit objective that pertains to source data being processed into some form of output is known as

Accepted Answer

A) overall security. 
B) program development. 
C) program modifications. 
D) processing. 
A) overall security. 
B) program development. 
C) program modifications. 
D) processing.

Question 5

The purpose of ________ is to determine why,how,when,and who will perform the audit.

Accepted Answer

A) audit planning 
B) the collection of audit evidence 
C) the communication of audit results 
D) the evaluation of audit evidence 
A) audit planning 
B) the collection of audit evidence 
C) the communication of audit results 
D) the evaluation of audit evidence

Question 6

Describe the difference between concurrent audit techniques and embedded audit modules.

Accepted Answer

Auditors use concurrent audit techniques

Question 7

Which of the following is not one of the six objectives of an information systems audit?

Accepted Answer

A) Security provisions exist to protect data from unauthorized access, modification, or destruction. 
B) Obtaining evidence to provide reasonable assurance the financial statements are not materially misstated 
C) Programs have been developed and acquired in accordance with management's authorization. 
D) Program modifications have received management's authorization and approval. 
A) Security provisions exist to protect data from unauthorized access, modification, or destruction. 
B) Obtaining evidence to provide reasonable assurance the financial statements are not materially misstated 
C) Programs have been developed and acquired in accordance with management's authorization. 
D) Program modifications have received management's authorization and approval.

Question 8

A type of software that auditors can use to analyze program logic and detect unexecuted program code is

Accepted Answer

A) an audit log. 
B) a mapping program. 
C) a scanning routine. 
D) program tracing. 
A) an audit log. 
B) a mapping program. 
C) a scanning routine. 
D) program tracing.

Question 9

Who generally receives the findings and conclusions of an operational audit?

Accepted Answer

A) The board of directors. 
B) Management. 
C) The external auditor. 
D) The IRS. 
A) The board of directors. 
B) Management. 
C) The external auditor. 
D) The IRS.

Question 10

Marking transactions with a special code,recording them and their master file records before and after processing,and storing the data to later verify that all processing steps were properly executed is an example of

Accepted Answer

A) integrated test facility. 
B) snapshot technique. 
C) system control audit review file. 
D) audit hooks. 
A) integrated test facility. 
B) snapshot technique. 
C) system control audit review file. 
D) audit hooks.

Question 11

Software that interprets a program's source code and generates a flowchart of the program's logic is called

Accepted Answer

A) automated flowcharting programs. 
B) automated decision table programs. 
C) mapping programs. 
D) tracing program. 
A) automated flowcharting programs. 
B) automated decision table programs. 
C) mapping programs. 
D) tracing program.

Question 12

How and to whom does an auditor communicate the audit results?

Accepted Answer

The auditor prepares a written report su

Question 13

An auditor sets an embedded audit module to record all credit transactions in excess of $5,000 and stores the data in an audit log.The auditor is using

Accepted Answer

A) audit hooks. 
B) the snapshot technique. 
C) a system control audit review file. 
D) continuous and intermittent simulation. 
A) audit hooks. 
B) the snapshot technique. 
C) a system control audit review file. 
D) continuous and intermittent simulation.

Question 14

With regards to an accounting information system,a financial audit is most concerned with

Accepted Answer

A) the system's output. 
B) the system's input. 
C) the system's processing. 
D) the system's storage. 
A) the system's output. 
B) the system's input. 
C) the system's processing. 
D) the system's storage.

Question 15

Explain the differences between each type of audit risk.

Accepted Answer

Inherent risk is the threat faced just b

Question 16

Which of the following is not one of the types of internal audits?

Accepted Answer

A) A review of the corporate organizational structure and reporting hierarchies. 
B) An examination of procedures for reporting and disposing of hazardous waste. 
C) A review of source documents and general ledger accounts to determine integrity of recorded transactions. 
D) A comparison of estimates and analysis made before purchase of a major capital asset to actual numbers and results achieved. 
A) A review of the corporate organizational structure and reporting hierarchies. 
B) An examination of procedures for reporting and disposing of hazardous waste. 
C) A review of source documents and general ledger accounts to determine integrity of recorded transactions. 
D) A comparison of estimates and analysis made before purchase of a major capital asset to actual numbers and results achieved.

Organizing the audit team and the physical examination of assets are components of which two separate audit stages?

Consideration of risk factors and materiality is most associated with which audit stage?

Name and describe the different types of audits.

The information systems audit objective that pertains to source data being processed into some form of output is known as

The purpose of ________ is to determine why,how,when,and who will perform the audit.

Describe the difference between concurrent audit techniques and embedded audit modules.

Which of the following is not one of the six objectives of an information systems audit?

A type of software that auditors can use to analyze program logic and detect unexecuted program code is

Who generally receives the findings and conclusions of an operational audit?

Marking transactions with a special code,recording them and their master file records before and after processing,and storing the data to later verify that all processing steps were properly executed is an example of

Software that interprets a program's source code and generates a flowchart of the program's logic is called

How and to whom does an auditor communicate the audit results?

An auditor sets an embedded audit module to record all credit transactions in excess of $5,000 and stores the data in an audit log.The auditor is using

With regards to an accounting information system,a financial audit is most concerned with

Explain the differences between each type of audit risk.

Which of the following is not one of the types of internal audits?

Conceptual Foundations of Accounting Information Systems

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

Filters

Exam 11: Auditing Computer-Based Information Systems

Organizing the audit team and the physical examination of assets are components of which two separate audit stages?

Consideration of risk factors and materiality is most associated with which audit stage?

Name and describe the different types of audits.

The information systems audit objective that pertains to source data being processed into some form of output is known as

The purpose of ________ is to determine why,how,when,and who will perform the audit.

Describe the difference between concurrent audit techniques and embedded audit modules.

Which of the following is not one of the six objectives of an information systems audit?

A type of software that auditors can use to analyze program logic and detect unexecuted program code is

Who generally receives the findings and conclusions of an operational audit?

Marking transactions with a special code,recording them and their master file records before and after processing,and storing the data to later verify that all processing steps were properly executed is an example of

Software that interprets a program's source code and generates a flowchart of the program's logic is called

How and to whom does an auditor communicate the audit results?

An auditor sets an embedded audit module to record all credit transactions in excess of $5,000 and stores the data in an audit log.The auditor is using

With regards to an accounting information system,a financial audit is most concerned with

Explain the differences between each type of audit risk.

Which of the following is not one of the types of internal audits?

Conceptual Foundations of Accounting Information Systems

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

Filters