Week 8 Quiz 6 ACC 403
Question 1
________ is not a risk specific to the IT environments.
Question 2
The approach to auditing where the auditor does not test automated controls to reduce assessed control risk is called:Question 3
When the client changes the computer software:
.
Question 4
Which of the following computer-assisted auditing techniques inserts an audit module in the client’s application system to identify specific types of transactions?
Question 5
The auditor’s objective in determining whether the client’s automated controls can correctly handle valid and invalid transactions as they arise is accomplished through the:
Question 6
Output controls need to be designed for which of the following data integrity objectives?
Question 7
Which of the following is a component of general controls?
Question 8
Controls which are built in by the manufacturer to detect equipment failure are called:
Question 9
Controls that are designed for each software application and are intended to help a company satisfy the transaction-related audit objectives are:
Question 10
In an IT system, automated equipment controls or hardware controls are designed to:
Question 11
General controls may include firewalls which are used to protect from:
Question 12
One of the unique risks of protecting hardware and data is:
Question 13
Security controls should require that users enter a(n) ________ before being allowed access to software and other related data files.
Question 14
The most important output control is:
Question 15
Controls which are designed to assure that the information processed by the computer is authorized, complete, and accurate are called:
Question 16
When the auditor has completed the tests of details of balances and enters phase 4 of the audit process, she must still perform audit procedures for which of the following?
Question 17
Analytical procedures:
Question 18
Risk assessment procedures are performed by auditors during an audit in order to:
Question 19
In order to promote audit efficiency the auditor considers cost in selecting audit tests to perform. Which of the following audit tests would be the most costly?
Question 20
The reliance the auditor places on substantive tests in relation to the reliance placed on internal control varies in a relationship that is ordinarily:
Question 21
Collectively, procedures performed to obtain an understanding of the entity and its environment, including internal controls, represent the auditor’s:
Question 22
A system walkthrough is primarily used to help the auditor:
Question 23
In the context of an audit of financial statements, substantive tests are audit procedures that:
Question 24
The auditor would design which of the following audit tests to detect possible monetary errors in the financial statements?
Question 25
Presentation and disclosure related audit objectives would be performed in which phase of the audit process?
Question 26
You are auditing Rodgers and Company. After performing substantive analytical procedures you conclude that, for the accounts tested, the client’s balance appears reasonable. This may indicate that:
Question 27
Which of the following further audit procedures are used to determine whether all six transaction-related audit objectives have been achieved for each class of transactions?
Question 28
Analytical procedures must be performed in:
Question 29
The primary emphasis in most tests of details of balances is on the:
Question 30
Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those controls to provide evidence supporting the ________ presentation.
