ACC/564 ACC564 ACC 564 WEEK 8 QUIZ 3

What is the most effective way to ensure information system availability?

A customer failed to include her account number on her check, and the accounts receivable clerk credited her payment to a different customer with the same last name. Which control could have been used to most effectively to prevent this error?

This batch processing data entry control sums a field that contains dollar values.

Forms design is an example of this type of control.

A facility that is pre-wired for necessary telecommunications and computer equipment, but doesn't have equipment installed, is known as a

In the ________ stage of an operational audit, the auditor measures the actual system against an ideal standard.

An auditor must be willing to accept some degree of risk that the audit conclusion is incorrect. Accordingly, the auditor's objective is to seek ________ that no material error exists in the information audited.

The ________ audit reviews the general and application controls of an AIS to assess its compliance with internal control policies and procedures and its effectiveness in safeguarding assets.

The information systems audit objective that pertains to source data being processed into some form of output is known as

Auditing involves the

The activities involved in soliciting and processing customer orders within the revenue cycle are known as the ________.

What is the basic document created in the billing process?

What is a typical procedure for processing sales orders from new customers or customers making a purchase that causes their credit limit to be exceeded?

During the sales order entry process, a ________ is performed to compare the quantity ordered with the standard amounts normally ordered.

The manager of Callow Youth Clothing was entering an order online from Sad Clown Pajamas. He entered all the items and quantities, completed the checkout and payment process, but the following error message popped up when he tried to exit the site: "Please enter your email address." This message is likely the result of a

Evaluated receipt settlement (ERS) approves payment of vendor invoices after reconciling the purchase order and the

Double-checking the accuracy of an invoice is a control that can help to neutralize a threat in the expenditure cycle. What activity would specifically be associated with this control?

A voucher package should include

The disbursement voucher and supporting documents are sent to the ________ for payment prior to the due date.

Bob Chum is the sales manager at Folding Squid Technologies. At lunch with the company CEO, he proudly announced that he had negotiated a(n) ________ with a client that defined a long-term commitment to buy components from Folding Squid.