Internal control evidence (Information Technology)

Question 1

IT general controls

Answer 1

controls that apply to all systems to support application controls

Question 2

topics IT general controls

Answer 2

• separation of IT duties
• physical controls
• change management (when update to new program)
• back-up and contingency (back up data files/key databased, breach of system)

Question 3

physical controls examples

Answer 3

• badge entry
• camera’s
• password control
• security software

Question 4

test of IT general controls

Answer 4

similar to regular test of controls (e.g. segregation of duties, change management)

Question 5

application controls

Answer 5

individual processes to ensure validity, completeness and accuracy of transactions

Question 6

embedded application controls

Answer 6

part of the software (3-way match)

Question 7

configured application controls

Answer 7

depends on how software set-up (payable tolerance levels)

Question 8

output application controls

Answer 8

detect errors after processing is completed

Question 9

test application controls

Answer 9

auditor makes comparisons between client’s application system output and the auditor-prepared program output