Information Technology

Question 1

Control Objectives for Information and Related Technology (COBIT) 5 Framework

Answer 1

1. ) Meeting stakeholders needs
2. ) Covering enterprise end-to-end
3. ) Applying single integrated framework
4. ) Enabling a holistic approach
5. ) Separating Governance from management

Question 2

Objective of controls in IT environment

Answer 2

1. ) Completeness
2. ) Accuracy
3. ) Validity
4. ) Authorization
5. ) Timeliness
6. ) Integrity

Question 3

General Controls

Answer 3

Ensure that the control environment is stable and well managed so that application controls are effective.

Question 4

GC - Personnel Policies

Answer 4

Provide for proper segregation of duties and use of computer accounts that provide users with passwords or other means of preventing unauthrorized access

Question 5

GC - File Security Policies

Answer 5

Safeguard files from accidental or intentional errors or abuse.

Question 6

GC - Hardware Controls

Answer 6

Built into a computer equipment to ensure proper functioning

Question 7

Application Controls (AC) IT Environment

Answer 7

Relate to data input, data processing, data output

Question 8

AC - Preventative controls

Answer 8

Designed to prevent errors and fraud

Question 9

AC - Detective and automated controls

Answer 9

Designed to detect errors and fraud

Question 10

AC - User and corrective controls

Answer 10

individual users to follow up on detected errors and fraud

Question 11

Input controls

Answer 11

designed to ensure the validity, accuracy, and completeness of data entered into a system

Question 12

Edit Tests

Answer 12

Scrutinize data as it is input to determine if it is in appropriate form. If not appropriate it will be rejected and an exception report will be created.

Question 13

Process Controls

Answer 13

Once data has been input, processing controls ensure that the data is properly manipulated to produce usable output.

Question 14

Output Controls

Answer 14

Ensure that the processing results are valid and monitor the distribution and use of output

Question 15

Data Flow Diagrams (DFDs)

Answer 15

illustrate the system components and functions, data flows among the components and sources, destinations and storage of the data

Question 16

System Flowcharts

Answer 16

informational processes (such as logic flows, inputs, outputs, data storage), operational processes (such as physical flows)

Question 17

Entity Relationship Diagrams

Answer 17

illustrate the system’s key entities and the relationships among those entities.

Question 18

data warehouse

Answer 18

An integrated collection of data used for reporting and analysis to support management decisions.