1. At Tom Nook Banking, the new data processing manager noticed that typically the bank processed over 100,000 checks per day, and that because of the high volume there had been errors that went undetected until too late. In order to make sure that all these checks are correctly processed by the computer, they created separate groups of 1,000 checks each and prepared a document to serve as a control on the contents of each group. Which internal control is this an example of?

Check digit

Batch control total

Edit test

Hash total

2. Hugstitute Laboratories is searching for a new head scientist. When filling out the application, job applicants are asked to enter in certain required data, such as birth date, past job experience, and references. Which type of edit test is this?

Consistency

Field content

Completeness

Reasonableness

3. In 2015, it was uncovered that certain employees at Wells Fargo bank had created over 2 million fake checking, savings, and credit card accounts over the last 5 years. Which of the following database control types should have been used to combat this problem?

Concurrency

Transaction

Data integrity

Authenticity

4. Which of the following statements about the objectives of IT internal controls is true?

An important objective of processing controls is to contribute to a good audit trail

The objective of input controls is to ensure information output's validity, accuracy, and completeness

Fault-tolerant systems include only processes that your system must perform for data processing capabilities

General controls are controls that affect the entire organization and influence the effectiveness of other controls, so their objectives must be aligned with organizational ones

5. Which of the following statements about integrated accounting software is true?

Mid-range (or mid-level) accounting software would not be ideal for a multinational company because typical programs cannot process foreign currency

Cloud computing capabilities are too sophisticated for most integrated accounting software

Specialized accounting information systems would never be requested by customers in specialized industries to develop their own version of a package so that it can be customized uniquely to the organization

Small business accounting software is generally scalable, which means that a business could select a version of the software at a lower cost and then upgrade to a more sophisticated version as desired or needed.