Page 29 - CA Inter MCQ Book

CA RAVI TAORI CA INTER AUDIT MCQs

AAE.9 SM21
_______are the manual controls that make use of some form of data or information or report
produced from the IT systems and applications.

a) Application
b) IT dependent Controls
c) Automated Controls
d) General IT Controls

AAE.10 SM21
Applying __________ gives the most effective and efficient audit evidence while using Audit testing
methods.

a) Inquiry in combination with Inspection.
b) Inspection in combination with Observation
c) Observation in combination with reperformance
d) Reperformance in combination with Inquiry

AAE.11 SM21/M23M
__________ are needed to support the functioning of ____________ and both are needed to ensure
complete and accurate information processing through IT systems.

a) General IT Controls ; Application Controls
b) Application Controls ; General IT Controls
c) IT Dependent Controls ; General IT Controls
d) Application Controls ; IT Dependent Controls

AAE.12 SM21
In WH Limited every business activity was being carried out manually. The top management of WH
Limited decided to change the business environment of WH Limited by using computer systems and
computer systems related technology to carry out all the major business activities of WH Limited.
This business environment of WH Limited, where all the major business activities are done using
computer systems and computers related technology is an example of:
a) Operational Environment.
b) Computational Environment.
c) Control Environment.
d) Automated Environment

AAE.13 SM21
IT related risks, if not mitigated, may put an impact on
a) Substantive Audit
b) Controls
c) Reporting
d) All of above

AAE.14 SM21
The Objective of establishing Security Policies and Procedures is to
a) To ensure that production systems are processed to meet financial reporting objectives.
b) To ensure that modified systems continue to meet financial reporting objectives
c) To ensure that access to programs and data is authenticated and authorized to meet financial
reporting objectives.
d) To ensure that systems are developed, configured, and implemented to meet financial
reporting objectives.

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