1) Which component of internal controls assesses the control performance?

Control activities Monitoring Performance reviews Risk assessment

2) What type of control activities tests the accuracy and completeness of any computer-processed transactions?

Application control activities General control activities Manual control activities User control activities

3) What term describes the methods of treating accounting transactions?

Accounting information system Chart of accounts Manual of accounting policies Written narrative

4) Which part of the accounting information system involves a detailed description of general ledger components?

Chart of accounts Flowchart Manual of accounting procedures Written narrative

5) Who is responsible for holding the company president accountable for the internal control environment?

Audit committee Board of directors Chief financial officer External auditors

6) Which internal control document allows the auditors to trace transactions through each process in its cycle?

Flowchart Internal control questionnaire Walk-through Written narrative

7) Which of the following application control activities is representative of a sales order batch total?

Self-checking total Control total Hash total Item count

8) Which of the following general control activities involves creating program flowcharts?

Accessing programs and data Changing existing programs and systems Developing new programs and systems Information technology operations

9) Regarding internal control in a technological environment, which group supervises technological operations?

Systems analysts Information systems management Technological operations Telecommunications

10) Regarding internal control in a technological environment, which function troubleshoots the operating systems in use?

Application programming IT operations Systems analysis Systems programming

11) Regarding internal control in a technological environment, which group designs the information system?

Database administration Data control Systems analysis Telecommunications