54 Flowcharting 14. Which of the following symbolic representations indicates that new payroll transactions and the old payroll file have been used to prepare payroll checks, prepare a printed payroll journal, and generate a new 16. An auditor's owchart of a client's accounting system is a diagrammatic representation that depicts the auditor's payroll file? A Assessment of the risks of material misstatement B. Identification of weaknesses in the System. C Assessment of the control environment's effectiveness D. Understanding of the system ( otho 5.5 Internal Control and Information Technolo 17. A client is concerned that a power outage or disaster could impair the computer hardware's ability to function as designed. The client desires off-site backup hardware facilities that are fully configured and ready to operate within several hours. The client most likely should consider a octo A Cold site. B. Coolsite. C Warm site D. Hot site. 18. Which of the following is the most serious password security problem? 15. An advantage of using systems flowcharts to document information about internal control instead of using internal control questionnaires is that systems flowcharts A. Identify internal control deficiencies more prominently B. Provide a visual depiction of clients activities. C. Indicate whether controls are operating effectively D. Reduce the need to observe clients employees performing routine tasks. A Users are assigned passwords when accounts are created, but they do not change them. B. Users have accounts on several systems with different passwords c. Users copy their passwords on note paper, which is kept in their wallets. D. Users select passwords that are not listed in any online dictionary 16. An auditor's flowchart of a client's accounting system is a diagrammatic representation that depicts the auditor's 5.4 Flowcharting 14. Which of the following symbolic representations indicates that new payrol transactions and the old payroll file have been used to prepare payroll checks, prepare a printed payroll journal, and generate a new payroll file? A Assessment of the risks of material misstatement B. Identification of weaknesses in the System C. Assessment of the control environment's effectiveness D. Understanding of the system. A. V 5.5_Internal Control and Information Technolo 17. A client is concerned that a power outage or disaster could impair the computer hardware's ability to function as designed. The client desires off-site backup hardware facilities that are fully configured and ready to operate within several hours. The client most likely should consider a A Cold site. B. Coolsite. C. Warm site D. Hot site ofte 18. Which of the following is the most serious password security problem? 15. An advantage of using systems flowcharts to document information about internal control instead of using internal control questionnaires is that systems flowcharts A. Identify internal control deficiencies more prominently. B. Provide a visual depiction of clients activities. C. Indicate whether controls are operating effectively D. Reduce the need to observe clients' employees performing routine tasks. A Users are assigned passwords when accounts are created, but they do not change them. B. Users have accounts on several systems with different passwords. c. Users copy their passwords on note paper, which is kept in their wallets. D. Users select passwords that are not listed in any online dictionary