Question 1

To confirm the existence and assess the effectiveness of an organization's internal controls,auditors

Accepted Answer

A)  create systems techniques. 
B)  perform substantive testing. 
C)  perform compliance testing. 
D)  create HIPO and IPO charts.

Question 2

When a flowchart covers more than one page,the continuation between pages is shown with a(n)________ symbol.

Accepted Answer

The answer of When a flowchart covers more than one...

Question 3

Which of the following is not a specialized input/output symbol that represents a particular medium?

Accepted Answer

A)  The magnetic tape symbol 
B)  The magnetic disk symbol 
C)  The connector symbol 
D)  The document symbol

Question 4

The symbol which is used to link other symbols and indicate the sequence of information and operations is the

Accepted Answer

A)  flowline symbol. 
B)  annotation symbol. 
C)  input/output symbol. 
D)  process symbol.

Question 5

A systems development project generally consists of three main phases.

Accepted Answer

A) True 
 B)False

Question 6

An internal auditor wants to flowchart a file of (hardcopy)purchase orders.Which of the following would be the best symbol to use for the file?

Accepted Answer

A)  The on-line storage symbol 
B)  The off-line storage symbol 
C)  The terminal symbol 
D)  The auxiliary operation symbol

Question 7

The formula for capacity utilization can be expressed as Total time ________ / Total ________ time.

Accepted Answer

The answer of The formula for capacity utilization can be...

Question 8

Section 404 of the Sarbanes-Oxley Act requires that monthly filings of publicly traded companies include a statement of management's responsibility for establishing and maintaining adequate internal control as well as an assessment of the effectiveness of that internal control.

Accepted Answer

A) True 
 B)False

Question 9

How many general guidelines should be followed when preparing a flowchart?

Accepted Answer

A)  Three 
B)  Five 
C)  Seven 
D)  Four

Question 10

Which of the following is not true with respect to the use of systems techniques by auditors?

Accepted Answer

A)  Systems techniques assist the auditor in evaluating a client's internal control. 
B)  Systems techniques replace audit working papers. 
C)  Auditors rely on systems techniques to assist with compliance testing. 
D)  Auditors use systems techniques as part of their documentation for their audit working papers.

Question 11

A(n)________ flowchart identifies the overall flow of operations in a system,and focuses on storage media and processing functions.

Accepted Answer

The answer of A(n)________ flowchart identifies the overall flow of...

Question 12

The decision symbol represents a named procedure consisting of one or more operations or program steps that are not specified within the set of flowcharts.

Accepted Answer

A) True 
 B)False

Question 13

The four basic symbols corresponding to basic data processing functions are the input/output symbol,the process symbol,the flowline symbol,and the annotation or comment symbol.

Accepted Answer

A) True 
 B)False

Question 14

The component of an audit whose objective is to establish the degree of reliance that can be placed on the organization's internal control structure is called

Accepted Answer

A)  the interim audit. 
B)  the financial statement audit. 
C)  work paper verification. 
D)  the internal audit.

Question 15

A branching table depicts a decision function by means of a statement of the ________ to be made,a list of ________ that can occur,and the path to be followed for each condition.

Accepted Answer

The answer of A branching table depicts a decision function...

Question 16

Unified ________ Language is an international standard supported by ISO that uses a variety of graphical techniques to depict the different aspects and views of software development projects at various levels of abstraction.

Accepted Answer

The answer of Unified ________ Language is an international standard...

Question 17

Which of the following is an example of narrative techniques?

Accepted Answer

A)  In-depth interviews 
B)  Open-ended questionnaires 
C)  Document reviews 
D)  All of these answers are correct.

Question 18

The first step in preparing a flowchart is to

Accepted Answer

A)  select the symbols to be used. 
B)  analyze the system. 
C)  sketch a rough draft of the system. 
D)  consult the work papers from previous audits.

Question 19

A decision table format generally uses a(n)

Accepted Answer

A)  "OR" premise. 
B)  "SOME-MANY" premise. 
C)  "IF-THEN" premise. 
D)  "ALL-NONE" premise.

Question 20

A DFD may consist of either DFD or ANSI flowchart symbols.

Accepted Answer

A) True 
 B)False

Exam 2: Systems Techniques and Documentation

To confirm the existence and assess the effectiveness of an organization's internal controls,auditors

When a flowchart covers more than one page,the continuation between pages is shown with a(n)________ symbol.

Which of the following is not a specialized input/output symbol that represents a particular medium?

The symbol which is used to link other symbols and indicate the sequence of information and operations is the

A systems development project generally consists of three main phases.

An internal auditor wants to flowchart a file of (hardcopy) purchase orders.Which of the following would be the best symbol to use for the file?

The formula for capacity utilization can be expressed as Total time / Total time.

Section 404 of the Sarbanes-Oxley Act requires that monthly filings of publicly traded companies include a statement of management's responsibility for establishing and maintaining adequate internal control as well as an assessment of the effectiveness of that internal control.

How many general guidelines should be followed when preparing a flowchart?

Which of the following is not true with respect to the use of systems techniques by auditors?

A(n)________ flowchart identifies the overall flow of operations in a system,and focuses on storage media and processing functions.

The decision symbol represents a named procedure consisting of one or more operations or program steps that are not specified within the set of flowcharts.

The four basic symbols corresponding to basic data processing functions are the input/output symbol,the process symbol,the flowline symbol,and the annotation or comment symbol.

The component of an audit whose objective is to establish the degree of reliance that can be placed on the organization's internal control structure is called

A branching table depicts a decision function by means of a statement of the to be made,a list of that can occur,and the path to be followed for each condition.

Unified ________ Language is an international standard supported by ISO that uses a variety of graphical techniques to depict the different aspects and views of software development projects at various levels of abstraction.

Which of the following is an example of narrative techniques?

The first step in preparing a flowchart is to

A decision table format generally uses a(n)

A DFD may consist of either DFD or ANSI flowchart symbols.