ACC340 Questions

I need help with the following ACC340 Questions
19.Regarding a company's audit trail, which of the following statements is true?
a)	Because of the complexities involved in establishing an audit trail, a good audit trail normally makes it more difficult for an individual to follow the flow of a company's business transactions through the company's information system
b)	In actuality, the audit trail established within a company's information system is an unimportant element of the company's internal control system
c)	When a company's audit trail becomes more difficult to follow, this causes an increase in the risk of errors or irregularities taking place in the processing of accounting transactions and not being detected
d)	A company's policies and procedures manual should not be part of its audit trail since confidential information is included within this manual

21.	Which of the following best describes a fundamental control weakness often associated with automated data processing systems?
a.	Automated¬ data processing equipment is more subject to systems error than manual processing is subject to human error
b.	Automated data processing equipment processes and records similar transactions in a similar manner 
c.	Automated data processing procedures for detection of invalid and unusual transactions are less effective than manual control procedures
d.	Functions that would normally be separated in a manual system are combined in an automated data processing system

24.  The textbook identifies a number of issues that should be considered when developing a security policy.  One of the issues is “identify threats”.  Which of the following is not an example of this issue?
a)  	What assets need to be protected
b)  	What are the sources of potential security problems
c)  	External threats are viruses, worms, retaliations from former employees
d)  	Internal threats are misuse of assets by employees and embezzlement

Which of the following is not a general objective in the design of an information system? 
a)	A system should provide information which is timely and relevant for decision making by management and operating personnel
b)	The output of a system should be highly accurate 
c)	A system should have sufficient capacity to accommodate levels of normal activity; any additional capacity proves too costly in the long run
d)	A system should be as simple as permitted so that its structure and operation can be easily understood and its procedures easily accomplished 
e)	A system should be flexible to accommodate changes of a reasonable magnitude when required 


27.	A computerized AIS is harder to audit than a manual system for all of the following reasons except:
a)	The file information is not human readable
b)	The volume of transaction records and master file records is usually much larger in computerized systems than in manual systems
c)	An audit trail does not exist in a computerized AIS
d)	Computerized systems often use remote real-time data processing, thus complicating the tracing of transaction records to their sources

29.  Which of the following is not one of the groups of SOX compliance requirements?
e)	requirements to use an IT auditor to evaluate controls
f)	regulations governing executive reporting and conduct
g)	rules about financial statement reporting
h)	audit committee/corporate governance requirements

32. The term key in the context of data encryption refers to:
i)	A physical key similar to a house key
j)	A logical key similar to the primary key of a data file
k)	A mathematical function used for encryption purposes
l)	A computer function key that can be found on keyboards

33.  	All of the following are benefits of XBRL except:
a)	Companies can file financial information in one format, avoiding the errors that may come from reentering data multiple times 
b)	The SEC accepts XBRL-format for electronic filing of financial statement reports 
c)	XBRL permits the automatic and reliable exchange of financial information across all software formats and technologies, including the Internet 
d)	all of the above are benefits of XBRL
e)	none of the above are benefits of XBRL


34.	All of these are reasons why databases are important to AISs except:
a)	AIS databases store valuable information
b)	Many AISs are large and therefore potentially unwieldy
c)	The databases of some organizations are very complex
d)	The hard disk space used to store AIS databases is comparatively expensive
e)	all of these are reasons why databases are important to AISs

35.	A major advantage of relational databases is: 
a)	All records are stored together
b)	No pointers are used
c)	An expandable index is used	
d)	It closely resembles a flat file 








36. 	In recent years many businesses have formed a common information source within their business organization called a database.  One of the advantages of building databases is the simultaneous updating of files with common data elements.  Another major advantage of the database concept is that:
a)	Database systems can be used in microcomputers as well as on large computers
b)	Database systems are simple to install and maintain
c)	Database systems are generally less expensive than separate file maintenance systems 
d)	Less duplication of data occurs with a database system 
e)	Fewer skilled people are required to run a database system than any other system

37.	The process of data normalization refers to:
a)	Eliminating data errors and other problems from “normal data”
b)	Scaling data to values between zero and one
c)	Storing data in normal storage media such as hard disks
d)	none of these

39.	Which of these is true about finding data in multimedia databases?
a)	It is not possible to search them because graphics have no text keys for searching
b)	It is not possible to search them because audio objects have no text keys for searching
c)	It is possible to search for items in them because such characteristics as “speaker” or “subject” can be used as search parameters
d)	It is possible to search for items in them if the name of the embedded graphics or audio file is also known