1.Production planning and control is part of which transaction cycle?

Select one:

a. Revenue cycle

b. Expenditure cycle

c. Profit cycle

d. Conversion cycle

2.All the following are examples of database backup controls except:

Select one:

a. Database authorization table

b. Transaction log

c. Checkpoint

d. Recovery module

3.During transaction processing, we may need to access a list of customers who have been granted specific discounts to ensure we apply the correct rates. Such information can be found in:

Select one:

a. Archive file

b. Master file

c. Reference file

d. Transaction file

4.An organization has implemented the maker-checker model to ensure that for each transaction there are at least two individuals to complete it. Which of the broad classes of control activities defined by COSO does this model belong to?

Select one:

a. Accounting records

b. Independent verification

c. Authorization

d. Access control