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31) Which accounting software is designed for a large-scale company? A) SAP Business All-in-One B) SAP Business One C) Oracle's JD Edwards EnterpriseOne D) Oracle's PeopleSoft Enterprise 32) When designing a database, which field would not belong in a table storing customer information? A) Zip Code B) Street Address C) Last Name D) Order Number 33) When designing a database,.
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119) Listed below are five examples of auditing situations and five information systems auditing techniques. Required: First, match the letter of the information system auditing technique which best identifies the example. Then, in the space below each item, write a brief explanation of how the technique works in the situation. A.Integrated test.
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Objective 1 1) An IT auditor must understand the terms and definitions used by accounting and IT professionals. 2) Which of the following professionals is the most important group an IT auditor must be able to communicate? A) Accounting and Human Resource professionals B) IT and Sales professionals C) Accounting and IT professionals D) Sales and.
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11) Queries may be used with ________ to update data in the database. A) Reports B) Navigation C) Forms D) Tables 12) Query results are displayed in A) Database forms and SQL statements B) Database forms and reports C) Database tables and reports D) Database tables and SQL statements 13) Database queries can retrieve data from A) Multiple forms B) Multiple reports C).
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12) What is an operational database and a data warehouse? How are they different? 13) What are the structures of a relational database, hierarchical database, and a network database? How is data retrieved from each of these types of databases? 14) What is the difference between a relational database and a network.
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11) To build a database form, a developer uses a ________. 12) The following accounting baseline modules use database forms except A) Reports module B) Customer module C) Banking module D) Vendor module 13) Which of the following types of data validation helps prevent dirty data in the database? A) Limit checks B) Drop-down list C) Range checks D) Input.
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Objective 3 1) Management reports are used by external parties to make decisions, such as, whether or not to make a loan to a company. 2) The difference between Real-time reports and Live reports is Real-time reports continuously provide up-to-the minute data. 3) The design of the reports should be consistent with the.
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60) "Auditing with the computer" A) is only performed by external auditors. B) involves activities related to compliance testing. C) is only performed by internal auditors. D) involves activities related to substantive testing of account balances. 61) "Auditing through the computer" refers to A) substantive tests. B) compliance tests. C) transaction tests. D) application control tests. 62) An interim audit A).
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50) ________ can be effectively used in conjunction with a test data technique. 51) Application controls are divided into ________ general areas. 52) The primary audit technique used in an information systems development audit is the review and testing of related ________. 53) Documentation governing the design, development, and implementation of application systems.
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Objective 4 1) Queries may be used with database forms to update data in the database. 2) Query builder tools make it possible to build queries using programming code. 3) Query builder tools may be referred to as query-by-example. 4) The ability to understand SQL programming may be needed to successfully conduct an IT.
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22) The accounting system's front-end user interface is serviced by which three database essentials? What service does each database essential perform? 23) What are the four main interface components of an accounting interface? What is the purpose of each component? 24) What are four things that make an accounting system interface more.
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21) Which transactions are usually performed in the Customers module of the Baseline Accounting System? A) Pay Bills B) Create Purchase Order C) Create Invoice D) Receive Inventory 22) The ________ module consists of transactions for payroll. A) Customers B) Banking C) Employees D) Vendors 23) Which event is part of the Purchasing Cycle? A) Enter Bill B) Pay Bill C) Make Deposit D).
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80) Which of the following should be developed when the related application system is developed? A) Test data approach B) Integrated test facility C) Parallel simulation approach D) Artificial intelligence software 81) Which of the following processes real data through a test program? A) Test data approach B) Integrated test facility C) Parallel simulation approach D) Artificial intelligence software 82).
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49) What is the difference between the aerial view and zoom view of an accounting system? 50) Identify the six modules in the baseline accounting system. Which transaction cycle is associated with each module? What type of transactions are associated with each module? 51) If you were the person entering transactions into.
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Objective 3 1) The enterprise-wide view of accounting enables the accountant to see how the accounting system interacts with other subsystems in the enterprise system. 2) The Customer Module of a baseline accounting system includes creating purchase orders. 3) The Financial Module of a baseline accounting system includes payroll transactions. 4) The database is.
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14) What does the DBMS software do? 15) Describe the architecture of an accounting system. In which tier does each element reside? 16) You are an intern in a large company. The company would like to improve the communications between the accountants and IT. Because of your background in AIS, you are.
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Objective 2 1) Database forms allow a user to record accounting transactions that are the result of various business processes. 2) Onscreen forms may use data validation to help minimize errors. 3) Database forms do not need security to limit data access or data entry. 4) Database programs provide tools for building database forms.
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115) Presented below is a list of terms relating to accounting information systems, followed by definitions of those terms. Required: Match the letter next to each definition with the appropriate term. Each answer will be used only once. ________ 1. Mapping ________ 2. Compliance testing ________ 3. Extended records ________ 4. Substantive testing ________ 5. Interim.
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117) Below are listed four procedures typically performed during an audit of accounts payable: Audit procedures: a. Test the mathematical accuracy of the accounts payable subsidiary ledger. b. Select samples of vouchers to examine in detail. c. Determine whether cash discounts were properly applied. d. Stratify accounts by value. Required: Briefly state a generalized audit software.
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11) Business Intelligence tools use queries to extract data directly from the relational database, bypassing the OLAP cube and any accompanying delay. 12) Data cubes allow you to view data in two dimensions. 13) Private companies (companies that are not publicly traded) are not required to have their internal controls assessed by.
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Objective 4 1) Normalization is the process of increasing data redundancy in a relational database. 2) To maintain entity integrity, a relational database designer will allow multiple records to have the same primary key value. 3) To maintain primary key integrity, a relational database designer will not allow a primary key to have.
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31) Which of the relationships below is a many-to-many relationship? A) VENDORS, PURCHASE ORDERS B) PURCHASE ORDERS, ITEMS C) ITEMS, PO LINE D) PO LINE, VENDORS 32) The ________ table is an intersection table. A) VENDORS B) PURCHASE ORDERS C) ITEMS D) PO LINE 33) By using an intersection table, which field can be removed from the PURCHASE ORDERS table? A).
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121) Explain why external auditors perform compliance testing when a main objective of a financial statement audit is to express an opinion regarding the fairness of the monetary balances in a company's financial statements. 122) How have personal computers likely affected information systems audits? 123) Because resources are usually limited, not all.
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116) Presented below is a list of terms relating to accounting information systems, followed by definitions of those terms. Required: Match the letter next to each definition with the appropriate term. Each answer will be used only once. ________ 1. Audit program ________ 2. System control audit review file ________ 3. Auditing around-the-computer ________ 4..
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11) When a database has been normalized, which of the following is true? A) The database has an increased chance of redundancies. B) The database has an increased chance of inconsistencies. C) The database requires the user to enter data twice. D) The database tables do not have a many-to-many relationship. 12) Which database integrity.
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Match the database table to the appropriate transaction cycle. A) Banking Cycle B) Payroll Cycle C) Financial Cycle D) Sales Cycle E) Purchasing Cycle 11) General Ledger 12) Account Transactions 13) Time Worked 14) Employee 15) Purchase Order 16) Cash Receipts 17) Customer 18) Database ________ store pieces of information about people, events, and objects. 19) Database ________ are used to search the database.
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11) What does the accounting interface connect the user to? A) Database management system B) Database query C) Database D) Database reports 12) Many accounting software interfaces use a graphical user interface (GUI) to A) Increase the ease of use B) Increase the amount of time needed to enter data C) Make the software appear more complex.
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21) An intersection table's primary key is a(n) ________. 22) Generally, the relationship between a table that stores customer data and table that stores sales order data is ________. 23) Generally, the relationship between a table that stores sales order data and a table that stores inventory data is ________. 24) To record.
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90) Which of the following information system auditing technologies produces a printed audit trail of computer processing? A) Extended records B) Snapshot C) Sample audit review file D) System control audit review file 91) Tracing of a program's execution provides A) programmed edits for input data items. B) test data for subsequent processing. C) a detailed listing of.
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Objective 1 1) Entering data once eliminates the possibility of updating some, but not all of the other entries. 2) According to the Pareto Principle, if you spend 80% of the time designing a database, you will spend 20% of your time maintaining the database. 3) Database management system (DBMS) software transfers data.
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Objective 4 1) IT infrastructure is the design of an organization's information technology. 2) An IT audit includes auditing the System Development Life Cycle (SDLC). 3) What are the three key factors to consider for a successful accounting system? A) People, Processes, and Technology B) People, Budget, and Time C) Processes, Budget, and Time D) Time, Processes,.
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Objective 3 1) In a hierarchical database, data is retrieved using record addresses. 2) In a network database, a parent record can have many child records and each child record can have only one parent record. 3) What IT professionals call people or things, accounting professionals call objects. 4) A database table that stores.
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100) Information systems application audits differ from information systems audits because application audits A) are divided into four general areas, each of which has three phases. B) involve reviewing input, processing, and output controls. C) are directed at the activities of systems analysts and programmers. D) focus primarily on fact-finding in the areas selected.
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Objective 2 1) Data stored in a data warehouse is used for routine business activities. 2) The ________ is responsible for managing the enterprise's databases. 3) Data stored in a ________ may be current data, historical data, or future estimates. 4) ________ databases are databases containing data collected by other organizations. 5) To retrieve data.
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70) Information technology is used to perform some audit work that otherwise would be done manually. The use of information technology by auditors is A) essential. B) mandatory under AICPA Statements of Auditing Standards. C) optional. D) at the sole discretion of the manager in charge of the audit. 71) An external auditor conducts an.
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