Control objectives are a series of statements that address how risk is going to be effectively mitigated.
Question:
Control objectives are a series of statements that address how risk is going to be effectively mitigated. According to Not yet the PCAOB, "A control objective provides a specific target against which to evaluate the effectiveness of controls. Below are given five scenarios regarding the control objectives of operating systems. answered Marked out of 5.00 Control objectives: P Flag (a) Protect the operating system from users. question (b) The operating system must protect users from each other. (c) The operating system must be protected from itself. (d) The operating system must be protected from its environment. (e) The operating system must protect users from themselves. Required: Give in below the table the appropriate control objectives that are applicable to given situations should be written in front of them.
Control objective Situations
(1) No module should be allowed to destroy or corrupt another module.
(2) In the event of a power failure or other disaster, the operating system should be able to achieve a controlled termination of activities from which it can later recover.
(3) A user's application may consist of several modules stored in separate memory locations, each with its own data. One module must not be allowed to destroy or corrupt another module.
(4) User applications must not be able to gain control of or damage the operating system.
(5) One user must not be able to access, destroy, or corrupt the data or programs of another user.
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker