Information Technology

Question 1

What is the role of the systems analyst in an IT environment?

Answer 1

Designing systems, preparing specifications for programmers, and serving as intermediary between users & programmers.

Question 2

What responsibility would normally be assigned to a systems programmer in a computer system environment?

Answer 2

Operating systems & compilers

Question 3

Company’s systems development life cycle:

Answer 3

1) Analysis
2) Design
3) Programming/purchase of new system
4) Testing
5) Implementation

Question 4

A person who enters data/uses the info processed by a system?

Answer 4

User

Question 5

Examples of a Decision Support System(DSS):

Answer 5

1) Financial modeling application
2) Sensitivity analysis application
3) Database query application

Question 6

(EIS) Executive information system provides:

Answer 6

strategic info tailored to the needs of top management.

1) Helps executives monitor business conditions in general & assists in strategic planning to control & operate the company.
2) Provides top executives with immediate & easy access to information in a highly interactive format
3) Designed to accept data from many different sources; to combine, integrate, & summarize the data; & to display this data in a format that is easy to understand & use.

Question 7

Responsibility of an MIS steering committee?

Answer 7

Should be formed to guide & oversee systems development & acquisition.

Question 8

Importance of segregation of duties?

Answer 8

Good internal control requires that no single employee be given too much responsibility over business transactions or processes. An employee should not be in a position to commit & conceal fraud.

Question 9

Database administrator controls:

Answer 9

database, design of the firm’s database, maintaining security measures, & controlling data structure.

Question 10

What should always be included in the system specification document for a financial report?

Answer 10

Data elements

Question 11

COBIT framework: 7 information criteria

Answer 11

(ICE RACE)

1) Integrity - Accurate & complete
2) Confidentiality
3) Efficiency
4) Reliability
5) Availability
6) Compliance
7) Effectiveness - delivered timely in a correct, consistent & useful manner

Question 12

COBIT: IT Governance (5 focus areas)

Answer 12

1) Value delivery
2) Strategic alignment
3) resource management
4) risk management
5) performance measurement

Question 13

COBIT: Delivery of IT solutions to a business

Answer 13

PO-AI-DS-ME

1) Process& organize = direct the IT process
2) Acquire & implement = deliver the IT solution
3) Deliver & support = deliver the IT service
4) Monitor & evaluate = ensure directions are followed

Question 14

Public Key Infrastructure (PKI(

Answer 14

System & Processes used to issue & manage asymmetric keys & digital certificates

Question 15

Security policy supporting document include:

Answer 15

1) Regulations
2) Standard & Baselines
3) Procedures

Question 16

What network is typically used to effect Electronic Data Interchange (EDI)

Answer 16

A Value Added Network (VAN)

Question 17

What best defines Electronic Data Interchange (EDI) transaction?

Answer 17

Electronic business information is exchanged between 2 or more businesses.

Question 18

What is a benefit of using electronic funds transfer for international cash transactions?

Answer 18

reduction in the frequency of data entry errors.

Question 19

Benefit of transmitting transactions in an electronic data?

Answer 19

A compressed business cycle with lower year-end receivables balances.

Question 20

EDI is best described as:

Answer 20

Computer-to-computer transactions for direct processing.

Question 21

Enterprise resource planning system is designed to:

Answer 21

Integrate data from all aspects of an organization’s activities.

Question 22

An electronic device that separates or isolates a network segment from the main network while maintaining the connection between networks is called:

Answer 22

Firewall

Question 23

Cold Site

Answer 23

• Off-site location that has all the electrical connections & other physical requirements for data processing, but does not have the actual equipment
• Cheapest form
• delivery of duplicate computer hardware
• Usually require 1-3 days to be made operational

Question 24

Hot Site

Answer 24

• 1/2 day or less = fastest but most expensive.
• back-up copies of essential data files & programs may also be maintained at the location or a nearby data storage facility.