Information Technology – Page 2

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.

Question

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)

Answer

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Tags: Assurance Services, Audit Process, Client Operating Environment, Information Technology, IT Tools, Risk Assessment
Level: Level 3

Topic: Audit of IT Systems and Data Analytics
Series: MAY 2024

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.

Question

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

A. Bluetooth

B. WiFi

C. Cellular

D. Satellite

E. Coaxial

Answer

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Tags: Information Technology, Technology Types, Wireless Communication
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2020

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.

Question

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

Answer

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Tags: Data Input, Information Technology, Optical Character Recognition
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2020

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.

Question

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

Answer

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Tags: Changeover, Information Technology, System Implementation
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2020

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

Identify the full form of HTML.

Question

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

Answer

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Tags: HTML, Information Technology, Web Development
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2020

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

Identify the correct measurement for printer quality.

Question

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

Answer

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Tags: Information Technology, Measurement, Printer Quality
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2020

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

Convert 1024 bits into bytes.

Question

1024 bits is equal to:

A. 1 Byte

B. 128 Bytes

C. 32 Bytes

D. 64 Bytes

E. 256 Bytes

Answer

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Tags: Bit Measurement, Data Storage, Information Technology
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2020

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

Identify which option is NOT an operating system.

Question

Which of the following is NOT an operating system?

A. DOS

B. MAC

C. C

D. Linux

E. Windows

Answer

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Tags: Computer Software, Information Technology, Operating System
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2020

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

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

Question

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

Answer

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Tags: Accounting Information System, AIS Components, Information Technology
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2015

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

Identifying programs that facilitate computer hardware usage.

Question

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

Answer

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Tags: Accounting Software, Computer Systems, Information Technology
Level: Level 1

Topic: Virtual Accounting: Digitisation
Series: NOV 2013

MI – May 2021 – L1 – SB – Q6d – Information Systems

States four benefits and four lapses of information technology for individuals, organisations, and governments.

Question

State FOUR benefits and FOUR lapses of information technology to each of the individual, the organisation, and the government.

Answer

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Tags: Government, Individual, Information Technology, IT Benefits, IT Lapses, Organisation
Level: Level 1

Topic: Information Systems
Series: MAY 2021

MI – May 2016 – L1 – SA – Q16 – Electronic Business and E-Commerce

Identify the correct term that describes the use of computer systems to handle data.

Question

Information Technology (IT) describes the application of computer systems and ________ to store, retrieve, transmit, and manipulate data.

A. Telecommunication Equipment
B. Telecommunication Media
C. Transmission Signets
D. Synchronous Transmission
E. Telecommunication Software

Answer

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Tags: Data Transmission, Information Technology, IT Definition
Level: Level 1

Topic: Electronic Business and E-Commerce
Series: MAY 2016

MI – May 2015 – L1 – SB – Q5 – Information Systems

Explain IT, its application areas in MIS, and the uses of the internet.

Question

Undoubtedly, Information Technology (IT) plays an important role in Management Information Systems, but the technology must be employed with care and discretion. In view of this statement, you are required to:

a. Define Information Technology. (2 Marks)
b. State and explain SIX areas where IT can be applied to support Management Information Systems. (12 Marks)
c. List SIX uses of the internet. (6 Marks)

Answer

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Tags: Information Technology, Internet, IT Applications, MIS
Level: Level 1

Topic: Information Systems
Series: MAY 2015

BMIS – Nov 2016 – L1 – Q6a – Introduction to information technology and information systems

Differentiate between Decision Support Systems (DSS) and Executive Information Systems (EIS).

Question

How can you help your boss who has no knowledge in information technology to differentiate between Decision Support System (DSS) and Executive Information System (EIS)? (5 marks)

Answer

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Tags: Decision Support System, Executive Information System, Information Technology, Management Systems, Organizational Decision-Making
Level: Level 1

Topic: Introduction to information technology and information systems
Series: NOV 2016

BMIS – Nov 2017 – L1 – Q4a – Introduction to information technology and information systems

Identify five ways in which IT and IS might improve Akosua Textiles Ltd.'s operations.

Question

a) Akosua Textiles Ltd has grown from a hand weaving “kente” factory to a modern textiles and fabric processing company with shops spreading across the country. The company faces a lot of system challenges, and the Board appointed a systems expert to conduct a review of systems and technology within the company.

The findings of the expert were:

The systems are generally weak and the benefits of modern software applications are lacking.
The accuracy and completeness of information received by head office from shops need to improve.
The existing financial system is struggling to cope with the rapid growth of sales.
Common computerized stock records will also be required for proper inventory management and control.
Internet possibilities are being missed and there is no virtual network.

Required:
Identify FIVE ways in which Information Technology and Information Systems might improve Akosua Textiles Ltd.
(10 marks)

Answer

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Tags: Business Improvement, Information Systems, Information Technology, System Challenges, Technological Solutions
Level: Level 1

Topic: Introduction to information technology and information systems
Series: NOV 2017

BMIS – Nov 2020 – L1 – Q5a – Introduction to information technology and information systems

Describes five accounting information systems that could enhance the operational efficiency of a company.

Question

The management of Marine Services Ltd intends to convert the existing manual accounting systems to an accounting information system to achieve its operational efficiency.

Required:

Explain FIVE (5) accounting information systems that could be used to enhance the operational efficiency of Marine Services Ltd.

Answer

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Tags: Accounting Information Systems, Information Technology, Operational Efficiency
Level: Level 1

Topic: Introduction to information technology and information systems
Series: NOV 2020

Question Tag: Information Technology

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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.

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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.

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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.

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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.

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

Identify the full form of HTML.

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

Identify the correct measurement for printer quality.

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.

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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.

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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.

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

Identifying programs that facilitate computer hardware usage.

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MI – May 2021 – L1 – SB – Q6d – Information Systems

States four benefits and four lapses of information technology for individuals, organisations, and governments.

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MI – May 2016 – L1 – SA – Q16 – Electronic Business and E-Commerce

Identify the correct term that describes the use of computer systems to handle data.

You're reporting an error for "MI – May 2016 – L1 – SA – Q16 – Electronic Business and E-Commerce"

MI – May 2015 – L1 – SB – Q5 – Information Systems

Explain IT, its application areas in MIS, and the uses of the internet.

You're reporting an error for "MI – May 2015 – L1 – SB – Q5 – Information Systems"

BMIS – Nov 2016 – L1 – Q6a – Introduction to information technology and information systems

Differentiate between Decision Support Systems (DSS) and Executive Information Systems (EIS).

You're reporting an error for "BMIS – Nov 2016 – L1 – Q6a – Introduction to information technology and information systems"

BMIS – Nov 2017 – L1 – Q4a – Introduction to information technology and information systems

Identify five ways in which IT and IS might improve Akosua Textiles Ltd.'s operations.

You're reporting an error for "BMIS – Nov 2017 – L1 – Q4a – Introduction to information technology and information systems"

BMIS – Nov 2020 – L1 – Q5a – Introduction to information technology and information systems

Describes five accounting information systems that could enhance the operational efficiency of a company.

You're reporting an error for "BMIS – Nov 2020 – L1 – Q5a – Introduction to information technology and information systems"

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