SBM4302 Week 7 Morning, T1, 2021

Common error handling techniques:

• Reject the batch

• Create an error file

• Correct immediately

• Transaction logs

• All of the above

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

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

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.

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

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

• True

• False

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.

___________is an automated technique allows auditors to test logic and controls during normal operations by setting up a dummy entity within the application system

Auditor analyzes ITF results against expected results

• Yes

• No

• May be

Record interrogation procedures valid records by examining the interrelationship of its field values

• Input Controls

• Processing Controls

• Output Controls

• Testing Computer Application Controls