Interested to Buy Any Domain ? << Click Here >> for more details...
IS auditors are MOST likely to perform compliance tests of
internal controls if, after their initial evaluation of the
controls, they conclude that:
A. a substantive test would be too costly.
B. the control environment is poor.
C. inherent risk is low.
D. control risks are within the acceptable limits.
- 2 Answers
- 9108 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
Answer: D
IS auditors perform tests of controls (compliance testing)
to assess whether control risks are within acceptable
limits. The results of the compliance testing would
influence the IS auditor's decisions as to the extent of
tests of balance (substantive testing). If compliance
testing confirms that the control risks are within an
acceptable level, then the extent of substantive testing
would be reduced. During the testing phase of an audit, an
IS auditor does not know whether the controls identified
operate effectively. Tests of controls, therefore, evaluate
whether specific, material controls are, in fact reliable.
Performing test of controls may conclude that the control
environment is poor, but it is not the objective of
compliance testing. Inherent risks cannot be determined by
performing a test of controls.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / guest
D. control risks are within the acceptable limits.
| Is This Answer Correct ? | 3 Yes | 1 No |
Applying a retention date on a file will ensure that: A. data cannot be read until the date is set. B. data will not be deleted before that date. C. backup copies are not retained after that date. D. datasets having the same name are differentiated.
To affix a digital signature to a message, the sender must first create a message digest by applying a cryptographic hashing algorithm against: A. the entire message and thereafter enciphering the message digest using the sender's private key. B. any arbitrary part of the message and thereafter enciphering the message digest using the sender's private key. C. the entire message and thereafter enciphering the message using the sender's private key. D. the entire message and thereafter enciphering the message along with the message digest using the sender's private key.
Which of the following is a form of an Internet attack? A. Searching for software design errors B. Guessing user passwords based on their personal information C. Breaking the deadman's door to gain entry D. Planting a trojan horse
Which of the following would not prevent the loss of an asset but would assist in recovery by transferring part of the risk to a third party? A. Full system backups B. Insurance C. Testing D. Business impact analysis
Which of the following audit tools is MOST useful to an IS auditor when an audit trail is required? A. Integrated test facility (ITF) B. Continuous and intermittent simulation (CIS) C. Audit hooks D. Snapshots
When an IS auditor obtains a list of current users with access to a WAN/LAN and verifies that those listed are active associates, the IS auditor is performing a: A. compliance test. B. substantive test. C. statistical sample. D. risk assessment.
IS auditors who have participated in the development of an application system might have their independence impaired if they: A. perform an application development review. B. recommend control and other system enhancements. C. perform an independent evaluation of the application after its implementation. D. are involved actively in the design and implementation of the application system.
During an audit of a reciprocal disaster recovery agreement between two companies, the IS auditor would be PRIMARILY concerned about: A. the soundness of the impact analysis. B. hardware and software compatibility. C. differences in IS policies and procedures. D. frequency of system testing.
The window of time recovery of information processing capabilities is based on the: A. criticality of the processes affected. B. quality of the data to be processed. C. nature of the disaster. D. applications that are mainframe based.
Which of the following is the PRIMARY reason for involving an IS auditor in the definition of a system's requirements? A. Post-application reviews do not need to be performed. B. Total budgeted system development costs can be reduced. C. It is costly to institute controls after a system becomes operational. D. The extent of user involvement in design activities is reduced.
Security administration procedures require read-only access to: A. access control tables. B. security log files. C. logging options. D. user profiles.
An integrated test facility is considered a useful audit tool because it: A. is a cost-efficient approach to auditing application controls. B. enables the financial and IS auditors to integrate their audit tests. C. compares processing output with independently calculated data. D. provides the IS auditor with a tool to analyze a large range of information.
Cisco Certifications 
