A primary objective of output controls would be:

A.Manage the safekeeping of source documents

B.Assure the accuracy and completeness of the output

C.Ensure that the input data is accurate

D.Prevention and detection of processing errors

Real-time processing:

A.Occurs when the transaction is processed immediately.

B.Would be utilized for processes such as payroll due to their time-sensitive nature.

C.Occurs when similar transactions are grouped into a batch and processed as a group.

D.Would not be used for payment to vendor type transactions since they are not time sensitive.

A company's database contains three types of records: vendors, parts, and purchasing. The vendor records include the vendor number, name, address, and terms. The parts records include part numbers, name, description, and warehouse location. Purchasing records include purchase numbers, vendor numbers (which reference the vendor record), part numbers (which reference the parts record), and quantity. What structure of database is being used?

A.Network

B.Hierarchical

C.Relational

D.Sequential

After all of the RFPs have been received, either the IT governance committee or the project the team will evaluate the proposals in order to select the best software package.Things that must be considered would include:

A.The match of the system and the user needs to the features of the software

B.Testimonials from other customers who use the software

C.Reputation and reliability of the vendor

D.All of the above

A software system that manages the interface between many users and the database is called:

A.Database security system

B.Database management system

C.Database binary monetary system

D.Database assessment

Proper segregation of functional responsibilities calls for the separation of the functions of:

A.Authorization, execution, and payment

B.Custody, execution, and reporting

C.Authorization, recording, and custody

D.Authorization, payment, and recording

An example of Cash receipts fraud would include:

A.an employee overstates hours worked on a timecard.

B.management understates accounts payable amounts.

C.an employee steals checks before being paid to vendors.

D.an employee steals checks collected from customers.

A company has the following invoices in a batch:

InvoiceNo.ProductIDQuantityUnit Price

401H42150$30.00

402K56200$25.00

403H42250$10.00

404L27300$5.00

Which of the following numbers represents a valid record count?

A.1

B.4

C.70

D.900