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AAA – May 2024 – L3 – SC – Q7 – Audit of IT Systems and Data Analytics

Guide on IT application in auditing and necessary IT tools for effective assurance.

Technology, essentially computerisation, has in recent times affected various aspects of life and business activities to varying degrees. For instance, this has led to online purchases and account processing from various locations beyond the domiciled bank branches. Though this electronic business and commerce has made things easier, challenges still persist in the process. As an auditor, it is necessary to evaluate the audit environment to gain proper knowledge of the client’s operating environment, whether manual or computerised. This is especially essential for your firm’s newly employed audit staff.

Required:

a. Prepare an advisory guide for these new audit staff, highlighting the application of information technology to the audit process. (6 Marks)

b. Discuss the relevant information technology tools that are necessary for the effective provision of assurance services. (9 Marks)

(Total 15 Marks)

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MI – Nov 2020 – L1 – SA – Q20 – Computer Hardware, Software, and Data Life Cycle

Identify the option that is NOT a type of wireless communication technology.

The following are the different types of wireless communication technologies, EXCEPT:

A. Bluetooth

B. WiFi

C. Cellular

D. Satellite

E. Coaxial

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MI – Nov 2020 – L1 – SA – Q19 – Information Systems Development and Security

Identify the device that uses light beams to convert images or text into digital files.

Which of the following devices uses light beams to digitally convert images, codes, text, or objects as two-dimensional (2D) digital files for transfer to the computer for processing?

A. Magnetic Character Reader

B. Optical Character Reader

C. Optical Mark Reader

D. Digital Camera

E. Magnetic Ink Character Reader

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MI – Nov 2020 – L1 – SA – Q18 – Information System Development and Security

Identify the method of system changeover that maintains the old system operational after the new system is launched.

The practice of keeping an old system operational after a new system has been launched is known as:

A. Direct Changeover

B. Parallel Changeover

C. Phased Changeover

D. Pilot Changeover

E. Concurrent Changeover

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MI – Nov 2020 – L1 – SA – Q17 – Computer Hardware, Software, and Data Life Cycle

Identify the full form of HTML.

What is the full form of HTML?

A. Hyper Text Markup Language

B. Higher Transfer Markup Language

C. Hyper Transfer Markup Language

D. Higher Text Markup Language

E. Hyper Text Mark Language

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MI – Nov 2020 – L1 – SA – Q16 – Computer Hardware, Software, and Data Life Cycle

Identify the correct measurement for printer quality.

Which of the following is the way of measuring printer quality?

A. Alphabet per strike

B. Words per inch

C. Strike per inch

D. Dots per inch

E. Alphabet per inch

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MI – Nov 2020 – L1 – SA – Q15 – Computer Hardware, Software, and Data Life Cycle

Convert 1024 bits into bytes.

1024 bits is equal to:

A. 1 Byte

B. 128 Bytes

C. 32 Bytes

D. 64 Bytes

E. 256 Bytes

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MI – Nov 2020 – L1 – SA – Q14 – Computer Hardware, Software, and Data Life Cycle

Identify which option is NOT an operating system.

Which of the following is NOT an operating system?

A. DOS

B. MAC

C. C

D. Linux

E. Windows

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MI – Nov 2015 – L1 – SA – Q17 – Information Systems

Identifies an item that is not considered a component of an Accounting Information System.

Which of the following is NOT a component of an Accounting Information System (AIS)?
A. Humanware
B. Software
C. Information Technology Infrastructure
D. Office structure
E. Internal control and security measures

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FA – Nov 2013 – L1 – SA – Q9 – Virtual Accounting

Identifying programs that facilitate computer hardware usage.

The suite of programs that facilitate the optimal use of the computer hardware and provide a suitable environment for the running of user programs is called:

A. Application packages
B. Word processing programs
C. Systems programs
D. Accounting packages
E. Executive programs

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AAA – May 2024 – L3 – SC – Q7 – Audit of IT Systems and Data Analytics

Guide on IT application in auditing and necessary IT tools for effective assurance.

Technology, essentially computerisation, has in recent times affected various aspects of life and business activities to varying degrees. For instance, this has led to online purchases and account processing from various locations beyond the domiciled bank branches. Though this electronic business and commerce has made things easier, challenges still persist in the process. As an auditor, it is necessary to evaluate the audit environment to gain proper knowledge of the client’s operating environment, whether manual or computerised. This is especially essential for your firm’s newly employed audit staff.

Required:

a. Prepare an advisory guide for these new audit staff, highlighting the application of information technology to the audit process. (6 Marks)

b. Discuss the relevant information technology tools that are necessary for the effective provision of assurance services. (9 Marks)

(Total 15 Marks)

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MI – Nov 2020 – L1 – SA – Q20 – Computer Hardware, Software, and Data Life Cycle

Identify the option that is NOT a type of wireless communication technology.

The following are the different types of wireless communication technologies, EXCEPT:

A. Bluetooth

B. WiFi

C. Cellular

D. Satellite

E. Coaxial

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q20 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2020 – L1 – SA – Q19 – Information Systems Development and Security

Identify the device that uses light beams to convert images or text into digital files.

Which of the following devices uses light beams to digitally convert images, codes, text, or objects as two-dimensional (2D) digital files for transfer to the computer for processing?

A. Magnetic Character Reader

B. Optical Character Reader

C. Optical Mark Reader

D. Digital Camera

E. Magnetic Ink Character Reader

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q19 – Information Systems Development and Security"

MI – Nov 2020 – L1 – SA – Q18 – Information System Development and Security

Identify the method of system changeover that maintains the old system operational after the new system is launched.

The practice of keeping an old system operational after a new system has been launched is known as:

A. Direct Changeover

B. Parallel Changeover

C. Phased Changeover

D. Pilot Changeover

E. Concurrent Changeover

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q18 – Information System Development and Security"

MI – Nov 2020 – L1 – SA – Q17 – Computer Hardware, Software, and Data Life Cycle

Identify the full form of HTML.

What is the full form of HTML?

A. Hyper Text Markup Language

B. Higher Transfer Markup Language

C. Hyper Transfer Markup Language

D. Higher Text Markup Language

E. Hyper Text Mark Language

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q17 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2020 – L1 – SA – Q16 – Computer Hardware, Software, and Data Life Cycle

Identify the correct measurement for printer quality.

Which of the following is the way of measuring printer quality?

A. Alphabet per strike

B. Words per inch

C. Strike per inch

D. Dots per inch

E. Alphabet per inch

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q16 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2020 – L1 – SA – Q15 – Computer Hardware, Software, and Data Life Cycle

Convert 1024 bits into bytes.

1024 bits is equal to:

A. 1 Byte

B. 128 Bytes

C. 32 Bytes

D. 64 Bytes

E. 256 Bytes

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q15 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2020 – L1 – SA – Q14 – Computer Hardware, Software, and Data Life Cycle

Identify which option is NOT an operating system.

Which of the following is NOT an operating system?

A. DOS

B. MAC

C. C

D. Linux

E. Windows

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You're reporting an error for "MI – Nov 2020 – L1 – SA – Q14 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2015 – L1 – SA – Q17 – Information Systems

Identifies an item that is not considered a component of an Accounting Information System.

Which of the following is NOT a component of an Accounting Information System (AIS)?
A. Humanware
B. Software
C. Information Technology Infrastructure
D. Office structure
E. Internal control and security measures

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You're reporting an error for "MI – Nov 2015 – L1 – SA – Q17 – Information Systems"

FA – Nov 2013 – L1 – SA – Q9 – Virtual Accounting

Identifying programs that facilitate computer hardware usage.

The suite of programs that facilitate the optimal use of the computer hardware and provide a suitable environment for the running of user programs is called:

A. Application packages
B. Word processing programs
C. Systems programs
D. Accounting packages
E. Executive programs

Login or create a free account to see answers

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You're reporting an error for "FA – Nov 2013 – L1 – SA – Q9 – Virtual Accounting"

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