Chapter 06

Question 1

Identifying IT Risk

Answer 1

Technology Risk
Security Risk
Availability Risk
Operational Risk
Financial Risk
Compliance Risk
Strategic Risk

Question 2

what are general controls ?

Answer 2

control environment is stable and well managed.

Question 3

Application

Answer 3

specific process or subsystem

Question 4

Firewall

Answer 4

to prevent unauthorized users to access the network requiring all users to have a password to help minimize vulnerabilities.

Question 5

System Analyst

Answer 5

designing systems, preparing specification for programmers, and serving as an intermediary between users and programmers

Question 6

Incremental backup

Answer 6

copying only data items that have changes since the last backup. incremental backup files each containing results of one days transaction.

Question 7

Differential

Answer 7

changes made since the last full back up

Question 8

disaster recovery plan

Answer 8

alternate processing
backup and off site storage
identification of critical application
test of the plan

Question 9

Descriptive

Answer 9

what happens in the data. Using average sales by region would be considered a summary of statistics

Question 10

predictive

Answer 10

expected or predicted outcome using historical data - statistics and forecasting

Question 11

diagnostic

Answer 11

why something happends does not explain drivers

Question 12

prescriptive

Answer 12

prescribes or recommends actions taken based on advance analytics to reach desired goal - simulation, algorthimics

Question 13

VPN

Answer 13

provides and encrypted communication tunnel accross the internet that allows remote secure access

Question 14

Decision support system is used

Answer 14

forecasting

Question 15

steering committee

Answer 15

Coordinating and integration of information system activities to increase goal congruence and reduce goal conflict

top management participation guidance and control

setting governing policies for the various information system within company