Question: The sixth objective in an IS audit is protecting data files. Select all of the following controls that would be effective in minimizing the threats

The sixth objective in an IS audit is protecting data files. Select all of the following controls that would be effective in minimizing the threats to a company’s data files.

a. Storage of data in a secure file library and restriction of physical access to data files

b. Concurrent update controls

c. Data editing routines

d. Off-site backup of all data files

e. Thorough test of program changes, including user acceptance tests

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Information Systems Questions!

This alphabetized adjusted trial balance is for Mad Catz Courier as of its December 31, 2014, month-end: Required Use the information in the trial balance to prepare: 1. The income statement for the...

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

Which of the following is intended to solve the problem that financial data used in one application is not easily transferable to other applications? a) XMP b) ERP c) XBRL d) XMLP 3. Information...

ACCT 612 FINAL EXAM SECTION 1: 2 POINTS EACH. PLEASE SELECT THE BEST ANSWER TO EACH OF THE FOLLOWING QUESTIONS. 1) Which of the following best describes the test data approach? A) Auditors process...

1. A set of characteristics that helps to define a seriousness about employees' attitudes about the control activities in a company is referred to as A. Management assertions. B. Control environment....

I have attached both the chapters from which you will be answering the following question. Ch 8 (p 387 of text or p 35 of the pdf) ?Exercise D. Prepare the bank reconciliation and any required...

1. Going through your garbage can or a communal dumpster or trash bin to obtain copies of your checks, credit card or bank statements, or other records that typically have your name, address, and...

Hi, Please have a look at my question. Thank you so much. Please type your answers where appropriate; also you may develop and use an answer sheet (include your name and question number) Q5 1. During...

hello, am working on a paper and need help making some adjustments. For the audit sample, this was the feedback from the professor: Your risk analysis was OK, but weak at best - Although you did...

I would like assistance with assignment 3 and 4 on the attached document I have been struggling with the subject and its my last AUI4863/102/0/2016 Tutorial letter 102/0/2016 ADVANCED INTERNAL AUDIT...

1.As used in PSA 560, the term "subsequent events" refers to a.Events occurring the date of the financial statement. b.Events occurring after the date of the auditor's report c.Events occurring...

You borrow $165,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much...

Review the following statements and select the ones which accurately describe a Petty Cash fund. Select all answers which apply 1) It is used to avoid the time and cost of writing checks for small...

1 . Detection Risk is defined as: a . The possibility that the auditors may unknowingly fail to appropriate modify their opinion on financial statements that are materially misstated. b . Risk of a...

How are all relationships (mainly the cardinalities) described in the hierarchical data model? How can these be a disadvantage of the hierarchical data model?

Explain how the principle of separation of duties is violated in each of the following situations. Also, suggest one or more procedures to reduce the risk and exposure highlighted in each example. a....

The Gardner Company, a client of your firm, has come to you with the following problem. It has three clerical employees who must perform the following functions: a. Maintain the general ledger b....

During a recent review, ABC Corporation discovered that it has a serious internal control problem. It is estimated that the impact associated with this problem is $1 million and that the likelihood...

David Inc. makes custom desks for individual customers. On September 1, there was one job in process, Job 243, with a cost of $4,000. Jobs 244, 245, and 246 were started during the month of...

Triathlon Case Study The Canada Games represents the highest level of national competition for up and coming Canadian athletes. Alternating between winter and summer, the competition is held once...

3 - Consolidated Statement of Cash Flows [25 marks] Kong Cheung Holdings Co. Ltd. is a conglomerate with equity stakes in two subsidiaries (90% in Best Petro Corp. and 70% Chief Properties Corp.) and...