12/2 Class Final Test Questions Flashcards
1
Q
assessment
A
do your best be professional
this helps eldredge
available on saturday
2
Q
- synyster gates is the CFO synyster uses several consolidation spreadsheets , which one isn’t a good control
A
answer: reviewing sign of by multiple accoutants
3
Q
5 what is on a purchase order
A
stuff
4
Q
direction starting from the source
A
completeness
5
Q
good are received at the end of the period but not billed
A
cut off issue
6
Q
- accounting record includes details of amounts owed to each vendor
A
a/p subsidiary ledger
7
Q
- internal control activities within the purchasing process, identified as adequate records and documents
A
files are to be maintained for purchase requisitions, PO, receiving report, and invoices
8
Q
- department responsible for reviewing each department and getting employees
A
HR
9
Q
- personnel records don’t include
A
medical history before hiring
10
Q
12, record prepared by payroll lists salary wage
A
payroll register
11
Q
- internal control activities requiring the manager to approve the payroll registry is to prevent what
A
fictitious employee
12
Q
14, internal control activities in payroll segregation of duties includes…
A
payroll preparation, auth of new hires and pay rates, etc
13
Q
- conversion processes includes all except
A
office supplies
14
Q
- form that specifies the components of a product
A
bill of materials
15
Q
- Process that plans the timing for production
A
scheduling
16
Q
- form that auth production activities
A
production work orders
17
Q
- Which document provides info regarding info throughout the stage
A
routing slip
18
Q
- expected costs per unit based on projections of a product’s cost which include dm and other stuff
A
standard costs
19
Q
- variances in inventory
A
actual costs - standard costs applied
20
Q
- EOQ equation model problem optimum order size
A
2683
21
Q
- key control in closing process
A
checklist delegating the closing processes
22
Q
- key control for JE in closing process
A
segregation of duties, review and posting
23
Q
- names of the three document match in A/P
A
receiving report, approved PO, and vendor invoice
24
Q
- the receiving department is not responsible to
A
order goods from vendors
25
27. chester calculates translation which is not a strong control
recalculation and tracing of the rates used to a valid source by chester
26
28. authentication that uses user physical characteristics
biometric
27
29. hardware/ software blocks access
firewall
28
30. encrypting
encryption
29
31, type of encryption private and public
public key encryption what is it
30
32. auth employees connect outside from a
VPN virtual private network
31
33. what browser have to securely communicate
secure socket layer
32
34. method to identify exposures
vulnerability assessment
33
35. which position isn't one of the duties needed to be segregated from the others
none of the above
34
36. steps to implement system
system development life cycle
35
37. battery system to maintain power for a short period of time
uninterruptible power supply
36
38. which is not a physical access control
encryption of passwords
37
39. concerns regarding accuracy and completeness
integrity risk
38
40. internal controls over the input processing and output
application controls
39
41. which of the following is not one of the automated input controls
certification check
40
42. automatically checks a field to ensure the data entry exists according to a list of inputs is not a
certification check
41
43. control for acceptable entries
validity check
42
44.
self checking digit
43
45. useless total
hash total
44
46.control to determine proper specific user access in an electronic system
biometric devices
45
47. what is an example of what you have in the context of logical control over an IT system
token ID Card
46
48. study of the current system to determine the strengths and weaknesses
systems analysis
47
49. set of steps undertaken to program, test, and activate it
systems implmentation
48
50. which of the following is not typically a precondition for revenue recognition under GAAP
recorded in the GL
49
51. creation of the system that meets user needs
systems design
50
52. the regular ongoing functioning of an IT system
operation and maintenance
51
53. thedocu sent to a vendor to propos
request for proposal
52
54. system conversion type that...
big bang theory
53
55. system conversion in parts
phase in
54
56. tests security controls involve entering the system
penetration testing
55
57. aligning stuff
IT governance
56
58. company lost its infrastructure and repurchases everything and plugs in old data
cold site
57
59. disaster recovery vs business continuity
the speed in which the company wishes to recover from hardware failure
58
60. proper IT general computer control over programmers in the development environment
version control software to track changes, testing, and approvals
59
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
