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SBM4302 Week 7 Afternoon Session, T1, 2021

Authored by Sommala S

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SBM4302 Week 7 Afternoon Session, T1, 2021
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Common error handling techniques:

Reject the batch

Create an error file

Correct immediately

Transaction logs

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Output controls involves:

End user control include error checking and secure storage until report’s expiration period has expired

Data control group sometimes responsible for verifying accuracy of output before distribution.

Real-time output threats include interception, disruption, destruction or corruption of output.

All of the above

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which statement is correct regarding a Black-box approach?

Does required a detailed knowledge of internal logic of application.

Does not require a detailed knowledge of internal logic of application.

A combination of internal logic of application and in-depth

understanding of internal logic

Only in-depth understanding of internal logic

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement is not correct regarding a White-box approach?

Requires in-depth understanding of internal logic

Accuracy tests include recalculations and reconciliations

Completeness tests include field, record sequence and hash and financial control total recalculation

Appropriate for simple applications but more complex applications require through-the-computer review.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Advantages of test data technique:

Provide explicit evidence concerning application function

Can be employed with only minimal disruption

Require only minimal auditor computer expertise

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Parallel Simulation requires auditor to write program that simulates key features or processes of application under review

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is not disadvantage of test data technique?

Auditors must rely on computer services personnel to obtain a copy of the application for testing

Provides static picture of application integrity and not a convenient means of gathering evidence about ongoing application functionality

High cost to implement, auditing inefficiency

Relatively low cost to implement, auditing inefficiency.

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