AAT L4 INAC

What type of software could be installed on a computer to see what passwords are being used?

• Spyware

• Ransomware

• Anti Virus

• Password Cracker

What type of malware encrypts the users hard drive and demands money for release?

• Worm

• Virus

• Ransomware

• Trojan Horse

Passwords should be stored on a server?

• True

• False

Answer explanation

Passwords are never stored on servers. Instead we store Password Hashes - these are encrypted versions of our passwords that cannot be decrypted.

What piece of hardware could be installed which monitors incoming and outgoing traffic on a network?

• Alarm

• Virtual Machine

• Firewall

• Router

Which of the following would be a suitable password

• LiverpoolFC

• 123456790-123456790

• ManufactureOrganisationFinance

• M@nufacture0rganisationF1nance

Answer explanation

The correct answer is one which uses three words and replaces some characters with special ones.

When an email is received which looks genuine but is in fact bogus is known as what type of attack?

• Pharming

• Blagging

• Fishing

• Phishing

A properly designed internal control system: 

• Lowers the company's risk of loss
• Insures profitable operations
• Eliminates the need for an audit
• Requires the use of non-computerized systems

Which internal control principle prescribes the use of pre-numbered printed checks? 

• Technological controls
• Maintain adequate records
• Establish responsibilities
• Divide responsibility for related transactions

The impact of technology on internal controls includes: 

• Elimination of the need for regular audits
• Elimination of fraud
• Elimination of separation of duties
• Reduced processing errors

The objectives of internal control are to:

• prevent fraud and promote the social interest of the company

• control the internal organisation of the accounting dept. personal and equipment

• provide reasonable assurance that assets are safeguarded, financial reports are accurate and ensure laws are complied with

• provide control over "internal use only" reports and employee internal conduct