Question
Need Assistance to Provide correct solution to each multiple choice questions: Which of the following is the least accurate statement regarding a well-documented business process
Need Assistance to Provide correct solution to each multiple choice questions:
Which of the following is the least accurate statement regarding a well-documented business process
| a. Contains key objectives for the process. |
| b. Identifies key risks and controls. |
| c. Prepared by control owners. |
| d. Defines areas of responsibilities. |
Which of the following control(s) is considered to be part of a company's IT "application" controls?
I. Program edit checks
II. Run-to-run totals
III. End user controls
IV. Field checks
| a. Only I, II, and III are correct |
| b. Only I, II, and IV are correct |
| c. Only II and III are correct |
| d. I, II, III and IV are all correct. |
Which of the following is not considered a point of focus in COSO's control environment?
| a. Organizational structure |
| b. Management's operating style |
| c. Commitment to competencyagement |
| d. Risk assessment |
Which of the following components of IT contingency planning is most important?
| a. Verification of systems routines |
| b. Security over the contingency site |
| c. Documentation of the plan |
| d. Integration of the business plans with the system plans. |
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