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WorksheetsiAIS | Midterm 2025
Total questions: 38
Worksheet time: 16mins
What is the primary focus of the research titled 'Cybersecurity in Accounting Research'?
Disclosure of financial statements
Cybersecurity and information sharing
Internal auditing processes
Cybersecurity investments
Which of the following is NOT a key theme identified in the cybersecurity research?
Internal auditing and controls
Cybersecurity investments
Security threats and breaches
Data encryption techniques
What is a significant challenge for accounting due to increasing digitization?
Vulnerability to cyber threats
Improved data accuracy
Reduction in operational costs
Enhanced financial reporting
Which of the following is a recommended best practice for accounting cybersecurity?
Participating in cybersecurity training
Regularly changing financial software
Using outdated technology
Limiting access to only senior management
What does encryption primarily ensure?
User authentication
Confidentiality of sensitive information
Access control management
Data integrity
Which type of encryption uses a single secret key for both encryption and decryption?
Public-key encryption
Symmetric encryption
End-to-end encryption
Asymmetric encryption
What is the purpose of access controls in cybersecurity?
To back up data regularly
To encrypt sensitive data
To monitor network traffic
To limit and manage user access to resources
What does an Intrusion Detection System (IDS) do?
Prevents unauthorized access
Backs up data automatically
Monitors network traffic for suspicious activity
Encrypts sensitive information
Which type of access control is based on predefined roles?
Discretionary Access Control (DAC)
Mandatory Access Control (MAC)
Attribute-Based Access Control (ABAC)
Role-Based Access Control (RBAC)
What is a key component of an effective incident response plan?
Regular software updates
Establishing a plan to handle cybersecurity incidents
Using outdated security protocols
Limiting user access to data
What is the primary purpose of accounting data analytics?
To create static reports
To store financial details
To derive meaningful insights
To automate payroll
How does accounting data analytics add value to a company?
By boosting revenues and reducing costs
By increasing the number of employees
By focusing solely on historical data
By limiting data access
What type of data can accounting data analytics monitor?
Only structured data
Both structured and unstructured data
Only financial data
Only unstructured data
Which of the following is a benefit of using big data in finance?
Limited data sources
Manual data entry
Real-time market analysis
Static monthly reports
What is data mining in accounting primarily used for?
To create financial reports
To identify patterns in data
To increase employee productivity
To reduce software costs
Which of the following is a key application of big data analytics in finance?
Static customer profiles
Real-time stock market insights
Manual forecasting
Monthly financial summaries
What is a crucial ethical consideration for data analysts?
To avoid using machine learning
To ensure transparency and protect privacy
To limit data access to management only
To manipulate data for better results
How does automation in accounting benefit accountants?
Increases manual errors
Reduces efficiency
Boosts speed and accuracy
Limits data analysis capabilities
What is one of the main advantages of using machine learning in data analytics?
Automated predictions and decision-making
Increased human error
Slower data processing
Limited data analysis
What does TallyPrime provide in the context of accounting data analytics?
Manual report generation
Comprehensive business management tools
Limited data storage options
Only basic accounting functions
The symbol of greater than use in inserting text and numeric data.
*
>
&
Division symbol in spreadsheet.
/
+
=
Concatenation (joins text)
/
&
*
Exponentiation (raised to the power)
=
*
^
Multiplication symbol in Microsoft Excel
&
*
^
In a worksheet, the vertical spaces with the headings A, B, C and so on
Cell
Column
Row
Data
In a worksheet, the horizontal spaces with the headings 1, 2, 3 and so on
Column
Label
Row
Cell Address
The function that lets you add up a range of cells or values
AVERAGE
SUM
MIN
MAX
In Excel, the name of the bar where information appears as you input data in called ?
File Bar
Help Bar
Formula Bar
Window Bar
Microsoft Excel is categorize as ?
Word Processing Software
Database Software
Spreadsheet Software
Presentation Software
