After obtaining an initial understanding of a clients IT controls an auditor

After obtaining an initial understanding of a clients

This preview shows page 29 - 31 out of 36 pages.

55. After obtaining an initial understanding of a client's IT controls, an auditor may decide not to performtests of controls related to the control procedures within the IT portion of the client's internal control. Which of the following would not be a valid reason for choosing to omit tests of controls? A. The controls appear adequate. B. The controls duplicate operative controls existing elsewhere in the system. C. There appear to be major deficiencies that would preclude using the stated procedure as a basis to reduce the assessed level. D. The time and dollar costs of testing exceed the time and dollar savings in substantive testing if the tests of controls show the controls to be operative. 56. Which of the following computer documentation would an auditor most likely utilise in obtaining an understanding of internal control? 57. Which of the following situations most likely represents a weakness in IT internal control? after processing. operating systems
Image of page 29
58. Which of the following would lessen the effectiveness of the internal control in a computer system? 59. Which of the following is likely to be least important to an auditor who is reviewing the internal control of the data processing function? A. Ancillary program functions. B. Disposition of source documents. C. Operator competence. D. Bit storage capacity. 60. Which of the following is likely to be of least importance to an auditor in obtaining an understanding of the internal control?
Image of page 30
Image of page 31

You've reached the end of your free preview.

Want to read all 36 pages?

  • Three '11
  • -

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors