Question 1

Integrated test facility (ITF)is an automated technique that enables test data to be continually evaluated during the normal operation of a system.

Accepted Answer

A) True 
 B)False

Question 2

Discuss five significant barriers that are often encountered in implementing continuous auditing?

Accepted Answer

1)Access to all relevant data in a timel...

Question 3

Which of the following is not a use of CAATs in auditing?

Accepted Answer

A)   Test of details of transactions and balances
B)   Analytical review procedures
C)   Fraud examination
D)   Produce terms and conditions of employmentE) None of the above
F) B) and C)

Question 4

What is data mining?

Accepted Answer

A)   A particular attribute of information.
B)   A common term for the representation of multidimensional data.
C)   The process of analyzing data to extract of information that is not affected by the raw data alone.
D)   None of the above is correct.E) A) and D)
F) A) and B)

Question 5

Which of the following statements about firewalls is wrong?

Accepted Answer

A)   A firewall is a security system comprised of hardware and software that is built using routers, servers, and a variety of software
B)   A firewall allows individuals on the corporate network to send and receive data packets from the Internet
C)   A firewall can filter through packets coming from outside networks to prevent unauthorized access
D)   A firewall connects different LANs, software-based intelligent devices, examines IP addressesE) A) and D)
F) B) and C)

Question 6

Common IT techniques that are needed to implement continuous auditing include

Accepted Answer

A)   Data warehouse and data mining
B)   Transaction logging and query tools
C)   Computer-assisted audit techniques.
D)   All of the above.E) C) and D)
F) A) and B)

Question 7

Which of the following statements regarding the purposes of an operating system is correct?

Accepted Answer

A)   To ensure the integrity of a system
B)   To control the flow of multiprogramming and tasks of scheduling in the computer
C)   To allocate computer resources to users and applications
D)   All of the above are correctE) B) and D)
F) None of the above

Question 8

Which of the following statements about switches is correct?

Accepted Answer

A)   Hub is smarter than Switch.
B)   Switches provide more security protections than hubs do for a company's internal network.
C)   Switch is widely used in WANs.
D)   A Switch contains multiple ports.E) A) and C)
F) None of the above

Question 9

A wireless network is comprised access points and stations.Access points logically connect stations to a firm's network.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is not an approach used for the online analytical processing (OLAP) .

Accepted Answer

A)   Exception reports
B)   What-if simulations
C)   Consolidation
D)   Data miningE) B) and C)
F) A) and D)

Question 11

Which of the following strategies will a CPA most likely consider in auditing an entity that processes most of its financial data only in electronic form,such as a paperless system?

Accepted Answer

A)   Continuous monitoring and analysis of transaction processing with an embedded audit module.
B)   Increased reliance on internal control activities that emphasize the segregation of duties.
C)   Verification of encrypted digital certificates used to monitor the authorization of transactions.
D)   Extensive testing of firewall boundaries that restrict the recording of outside network traffic.E) None of the above
F) B) and D)

Question 12

Parallel simulation uses an independent program to simulate a part of an existing application program,and is designed to test the validity and to verify the accuracy of an existing application program.

Accepted Answer

A) True 
 B)False

Question 13

What are the two approaches of CAATs in auditing systems? What are the differences between them?

Accepted Answer

The two approaches are auditing around t...

Question 14

The Generally Accepted Auditing Standards (GAAS)issued by PCAOB provide guidelines for conducting an IS/IT audit.

Accepted Answer

A) True 
 B)False

Question 15

The data in a data warehouse are updated when transactions are processed.

Accepted Answer

A) True 
 B)False

Question 16

Which of the statements regarding the data warehouse is incorrect?

Accepted Answer

A)   It is a centralized collection of firm-wide data
B)   The purpose of a data warehouse is to provide a rich data set for management to identify patterns and to examine trends of business events
C)   Includes data for the current fiscal year only
D)   The data in a data warehouse is pulled from each of the operational databases periodicallyE) None of the above
F) B) and C)

Question 17

Which of the following is not a benefit of using wireless technology?

Accepted Answer

A)   Mobility
B)   Rapid deployment
C)   Flexibility and Scalability
D)   SecurityE) A) and B)
F) None of the above

Question 18

Which of the following is not a management control for wireless networks?

Accepted Answer

A)   Assigning roles and responsibilities of employees for access control
B)   Conducting risk assessment on a regular basis
C)   Conducting appropriate awareness training on wireless networks
D)   Creating policies and proceduresE) C) and D)
F) B) and D)

Question 19

Firewalls are security systems comprised of hardware and software that is built using routers,servers,and a variety of software.

Accepted Answer

A) True 
 B)False

Question 20

What are the general security objectives for both wired LANs and wireless LANs?

Accepted Answer

1)Confidentiality: Ensure that communica...

Exam 12: Monitoring and Auditing AIS

What is data mining?

Correct AnswerverifiedShow Answer

Parallel simulation uses an independent program to simulate a part of an existing application program,and is designed to test the validity and to verify the accuracy of an existing application program.

Correct AnswerverifiedShow Answer

A wireless network is comprised access points and stations.Access points logically connect stations to a firm's network.

Correct AnswerverifiedShow Answer

What are the general security objectives for both wired LANs and wireless LANs?

Correct Answerverified1)Confidentiality: Ensure that communica...View AnswerShow Answer

The data in a data warehouse are updated when transactions are processed.

Correct AnswerverifiedShow Answer

Common IT techniques that are needed to implement continuous auditing include

Correct AnswerverifiedShow Answer

Which of the following is not an approach used for the online analytical processing (OLAP) .

Correct AnswerverifiedShow Answer

Which of the following statements about switches is correct?

Correct AnswerverifiedShow Answer

Discuss five significant barriers that are often encountered in implementing continuous auditing?

Correct Answerverified1)Access to all relevant data in a timel...View AnswerShow Answer

What are the two approaches of CAATs in auditing systems? What are the differences between them?

Correct AnswerverifiedThe two approaches are auditing around t...View AnswerShow Answer

Which of the following is not a use of CAATs in auditing?

Correct AnswerverifiedShow Answer

Firewalls are security systems comprised of hardware and software that is built using routers,servers,and a variety of software.

Correct AnswerverifiedShow Answer

Which of the following statements about firewalls is wrong?

Correct AnswerverifiedShow Answer

Integrated test facility (ITF)is an automated technique that enables test data to be continually evaluated during the normal operation of a system.

Correct AnswerverifiedShow Answer

Which of the statements regarding the data warehouse is incorrect?

Correct AnswerverifiedShow Answer

Which of the following is not a management control for wireless networks?

Correct AnswerverifiedShow Answer

The Generally Accepted Auditing Standards (GAAS)issued by PCAOB provide guidelines for conducting an IS/IT audit.

Correct AnswerverifiedShow Answer

Which of the following is not a benefit of using wireless technology?

Correct AnswerverifiedShow Answer

Which of the following strategies will a CPA most likely consider in auditing an entity that processes most of its financial data only in electronic form,such as a paperless system?

Correct AnswerverifiedShow Answer

Which of the following statements regarding the purposes of an operating system is correct?

Correct AnswerverifiedShow Answer

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1)Confidentiality: Ensure that communica...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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1)Access to all relevant data in a timel...
View Answer

Correct Answer
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The two approaches are auditing around t...
View Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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