Question 1

Which of the following would the auditors consider to be a weakness in an IT system?

Accepted Answer

A)  Operators have access to terminals. 
B)  Programmers are allowed access to the file library. 
C)  Reprocessing of exceptions detected by the computer is handled by a data control group. 
D)  More than one employee is present when the computer facility is in use. 
A)  Operators have access to terminals. 
B)  Programmers are allowed access to the file library. 
C)  Reprocessing of exceptions detected by the computer is handled by a data control group. 
D)  More than one employee is present when the computer facility is in use.

Question 2

Small computers (e.g., desktops, laptops, tablets) have resulted in a(n):

Accepted Answer

A)  Decentralization of data processing activities. 
B)  Decreased concern over the accuracy of computerized processing. 
C)  Decrease in the number of local area networks. 
D)  Increase for general computer control activities. 
A)  Decentralization of data processing activities. 
B)  Decreased concern over the accuracy of computerized processing. 
C)  Decrease in the number of local area networks. 
D)  Increase for general computer control activities.

Question 3

Parallel simulation programs used by the auditors for testing programs:

Accepted Answer

A)  Must simulate all functions of the production computer-application system. 
B)  Cannot be developed with the aid of generalized audit software. 
C)  Can use live data or test data. 
D)  Is generally restricted to data base environments. 
A)  Must simulate all functions of the production computer-application system. 
B)  Cannot be developed with the aid of generalized audit software. 
C)  Can use live data or test data. 
D)  Is generally restricted to data base environments.

Which of the following would the auditors consider to be a weakness in an IT system?

Small computers (e.g., desktops, laptops, tablets) have resulted in a(n):

Parallel simulation programs used by the auditors for testing programs:

The Role of the Public Accountant in the American Economy

Professional Standards

Professional Ethics

Legal Liability of Cpas

Audit Evidence and Documentation

Planning the Audit; Linking Audit Procedures to Risk

Internal Control

Audit Sampling

Cash and Financial Investments

Accounts Receivable, Notes Receivable, and Revenue

Inventories and Cost of Goods Sold

Property, Plant, and Equipment: Depreciation and Depletion

Accounts Payable and Other Liabilities

Debt and Equity Capital

Auditing Operations and Completing the Audit

Auditors Report

Integrated Audits of Public Companies

Additional Assurance Services: Historical Financial Information

Additional Assurance Services: Other Information

Internal, Operational, and Compliance Auditing

Filters

Exam 8: Consideration of Internal Control in an Information Technology Environment

Which of the following would the auditors consider to be a weakness in an IT system?

Small computers (e.g., desktops, laptops, tablets) have resulted in a(n):

Parallel simulation programs used by the auditors for testing programs:

The Role of the Public Accountant in the American Economy

Professional Standards

Professional Ethics

Legal Liability of Cpas

Audit Evidence and Documentation

Planning the Audit; Linking Audit Procedures to Risk

Internal Control

Audit Sampling

Cash and Financial Investments

Accounts Receivable, Notes Receivable, and Revenue

Inventories and Cost of Goods Sold

Property, Plant, and Equipment: Depreciation and Depletion

Accounts Payable and Other Liabilities

Debt and Equity Capital

Auditing Operations and Completing the Audit

Auditors Report

Integrated Audits of Public Companies

Additional Assurance Services: Historical Financial Information

Additional Assurance Services: Other Information

Internal, Operational, and Compliance Auditing

Filters