Options:
| a) access client data files b) assess control risk c) performing analytical producers d) None of the above |
Options:
| a) Integrated test facility b) Test data approach c) Generalized audit software d) Parallel simulation |
a) Integrated test facility
Options:
| a) Test data tests only those controls which the auditor wishes to rely b) Test data should consist of data related to all controls prevalent in the organization c) The result of test data indicates that all the application and general controls are functioning properly d) Test data processed by the client’s computer programme under the auditor’s control |
b) Test data should consist of data related to all controls prevalent in the organization
Options:
| a) The objective of expression of opinion on financial statements b) Compliance procedures adopted by the auditor c) Performance of substantive procedures d) Evaluation of inherent risk and control risk |
a) The objective of expression of opinion on financial statements
Options:
| a) check total b) control total c) occurrence correction d) check digit |
d) check digit
Options:
| a) Authorising transactions b) Parity checks c) Distributing output d) Correction of transactional errors |
Options:
| a) Participates in computer software acquisition decisions b) Design Documentation for computerized operations. c) Originate changes in master files. d) Provide physical security for programme files. |
c) Originate changes in master files.
Options:
| a) system, analyst b) Data control group c) Programmer d) Computer operator |
a) system, analyst
Options:
| a) appointing a librarian b) controlling passwords c) appointing EDP auditor d) Both (a) and (b) |
d) Both (a) and (b)
Options:
| a) Dual read b) Test for reasonableness c) Check digit d) Occurrence correction |
c) Check digit
Options:
| a) Errors in a CIS environment are less systemic as compared to errors in manual processing b) The potential for human error in the CIS environment is greater as compared to manual system c) In a computer based accounting system, audit trail is in electronic form d) Computer processing offers management a variety of analytical tools. |
a) Errors in a CIS environment are less systemic as compared to errors in manual processing
Options:
| a) the BODs of the company b) the C & AG c) the Legislature d) the company secretary |