12/2 Class Final Test Questions Flashcards
assessment
do your best be professional
this helps eldredge
available on saturday
- synyster gates is the CFO synyster uses several consolidation spreadsheets , which one isn’t a good control
answer: reviewing sign of by multiple accoutants
5 what is on a purchase order
stuff
direction starting from the source
completeness
good are received at the end of the period but not billed
cut off issue
- accounting record includes details of amounts owed to each vendor
a/p subsidiary ledger
- internal control activities within the purchasing process, identified as adequate records and documents
files are to be maintained for purchase requisitions, PO, receiving report, and invoices
- department responsible for reviewing each department and getting employees
HR
- personnel records don’t include
medical history before hiring
12, record prepared by payroll lists salary wage
payroll register
- internal control activities requiring the manager to approve the payroll registry is to prevent what
fictitious employee
14, internal control activities in payroll segregation of duties includes…
payroll preparation, auth of new hires and pay rates, etc
- conversion processes includes all except
office supplies
- form that specifies the components of a product
bill of materials
- Process that plans the timing for production
scheduling
- form that auth production activities
production work orders
- Which document provides info regarding info throughout the stage
routing slip
- expected costs per unit based on projections of a product’s cost which include dm and other stuff
standard costs
- variances in inventory
actual costs - standard costs applied
- EOQ equation model problem optimum order size
2683
- key control in closing process
checklist delegating the closing processes
- key control for JE in closing process
segregation of duties, review and posting
- names of the three document match in A/P
receiving report, approved PO, and vendor invoice
- the receiving department is not responsible to
order goods from vendors
- chester calculates translation which is not a strong control
recalculation and tracing of the rates used to a valid source by chester
- authentication that uses user physical characteristics
biometric
- hardware/ software blocks access
firewall
- encrypting
encryption
31, type of encryption private and public
public key encryption what is it
- auth employees connect outside from a
VPN virtual private network
- what browser have to securely communicate
secure socket layer
- method to identify exposures
vulnerability assessment
- which position isn’t one of the duties needed to be segregated from the others
none of the above
- steps to implement system
system development life cycle
- battery system to maintain power for a short period of time
uninterruptible power supply
- which is not a physical access control
encryption of passwords
- concerns regarding accuracy and completeness
integrity risk
- internal controls over the input processing and output
application controls
- which of the following is not one of the automated input controls
certification check
- automatically checks a field to ensure the data entry exists according to a list of inputs is not a
certification check
- control for acceptable entries
validity check
44.
self checking digit
- useless total
hash total
46.control to determine proper specific user access in an electronic system
biometric devices
- what is an example of what you have in the context of logical control over an IT system
token ID Card
- study of the current system to determine the strengths and weaknesses
systems analysis
- set of steps undertaken to program, test, and activate it
systems implmentation
- which of the following is not typically a precondition for revenue recognition under GAAP
recorded in the GL
- creation of the system that meets user needs
systems design
- the regular ongoing functioning of an IT system
operation and maintenance
- thedocu sent to a vendor to propos
request for proposal
- system conversion type that…
big bang theory
- system conversion in parts
phase in
- tests security controls involve entering the system
penetration testing
- aligning stuff
IT governance
- company lost its infrastructure and repurchases everything and plugs in old data
cold site
- disaster recovery vs business continuity
the speed in which the company wishes to recover from hardware failure
- proper IT general computer control over programmers in the development environment
version control software to track changes, testing, and approvals
essay question
periodic vs perpetual system discuss in detail the two methods and the effect on the GL and its methods of accounting and upon its effectiveness of internal controls
