Audit in Automated Environment – Test 1

____________________ basically refers to a business environment where the processes, operations,
accounting and even decisions are carried by using computer system.

Some of the key features of an automated environment are

Which of the following is not IT related risk

Types of Controls in an Automated Environment

___________________are policies and procedures that relates to many applications and support the
effective functioning application controls

Which of the following the auditor should consider to obtain an understanding of the company’s
automated environment

General IT Controls that maintain integrity of information and security of data commonly include
controls over following

Which of the following is not method for testing of controls in automated environment

Which of the following is an automated control ?

General IT control that ensure backups, performance monitoring, recovery from failures commonly
include controls over

The objective of which of the following is to ensure that modified system continue to meet financial
reporting objectives

The objective of which of the following is to ensure that access to programs and data is
authenticated and authorized to meet financial reporting objectives

The objective of which of the following is to ensure that system are developed, configured and
implemented to meet financial reporting objectives

The combination of processes, tools and techniques that are used to tap vast amounts of electronic
data to obtain meaningful information is called _________________

Edit checks and validation of input data, sequence number checks, user limit checks,
reasonableness checks, mandatory data fields, these are examples of

IT dependent controls are basically ________________

Which of the following is General IT Control?

____________________can be used in testing of electronic records and data residing in IT systems using
spreadsheets and specialized audit tools to perform fraud investigation analysis of journal entries
as required by SA 240 and selection of audit sample

__________________ is a term that is used to describe a very large computer with high computing power,
memory and storage that are required for running large business operations

____________________ is a computer program or collection of computer programs that provides an
interface to a user for performing a specific activity, task, operation or transaction in electronic
form through a computer or information system.

_________________ is a type of super user access to information system that enforces less or no limits on
using that system

___________________ is a task or activity that is routinely performed by a computer system and does not
require manual efforts

_________________ are a collection of computer based tools and techniques that used in audit for
analyzing data in electronic form to obtain audit evidence

_____________ refers to the digital content that is stored in electronic form within computer system

________________ refers to a system software that is installed in a computer to convert high level user
instructions or commands into low level machine understandable format and enable interaction
with a computer.

__________________ refers to the systematic recording, storage, retrieval, modification and
transformation of electronic data using information system

________________ is logical subsystem within a larger information where electronic data is stored in a
predefined form and retrieved for use

_________________ is a backed modification that is made directly to data that is stored in a database by
passing business rules built-in to a business application software.

_________________ is a type of business application software that provides an integrated platform to
automate multiple interrelated business processes and operations.

__________________ refers to a collection of electronic, hardware, software, networks and processes that
are used in a business to carry out operations and transactions