NEW
Font size
WorksheetsKCw and Life - Quiz 4
Total questions: 10
Worksheet time: 20mins
Which of the following is correct with respect to using the accounts from the Library when setting up the Financial Statements?
Assertions relevant to the accounts are pre-populated based on the accounts selected from the Library
Accounts are linked to potential risks of misstatements and related audit responses
Use of the Library is not required but rather should be used as a guide when setting up the Financial Statements
Accounts added manually cannot be linked to accounts from the Library.
Which of the following is key to remember when evaluating CERAMIC controls?
Understand CERAMIC controls and assess their appropriateness based on the entity.
Not all engagements should evaluate the D&I of CERAMIC controls as part of risk assessment.
Deficiencies in CERAMIC controls will not impact the planned audit approach.
You cannot use the GDC in setting up your CERAMIC controls in the KPMG Clara workflow.
Which of the following is NOT a layer of technology?
Application layer
Database layer
Internet layer
Operating System
What is NOT true about a risk arising from IT (RAFIT)?
It is a risk that could affect the effective operation of automated control activities.
It is a risk that could affect the integrity of data and information within an entity’s IT system.
It is addressed by general IT controls.
It is addressed by manual and automated control activities
When determining control sample size, 75 occurrences of a control equates to which frequency?
Monthly
Weekly
Daily
Recurring
Which is the World’s best airport of 2021, voted for by airport customers from across the world during the 2020-2021 World Airport Survey?
Singapore Changi Airport, Singapore
Seoul Incheon, South Korea
Doha Hamad, Qatar
Tokyo Haneda, Japan
1 October 2021 is the very special date to Walt Disney. What is this date?
50th Anniversary
45th Anniversary
60th Anniversary
Nothing special
Joe Biden is served as xx President of United Stated?
44th
45th
46th
47th
Who is the richest people in the world in 2021 under Forbes announcement?
Elon Musk
Jeff Bezos
Bill Gates
Bernard Arnault & family
What is the closing price of FPT – listed in HOSE at 7th September 2021?
VND93,500/share
VND94,500/share
VND95,500/share
VND96,500/share
