Reference no: EM132326510

Question

1) Which of the following is NOT a BPR principle in practice?

a- Combine jobs and let workers make decisions.

b- perform process steps in a functionally logical order.

c- Allow processes to vary

d- Reduce the impediment of controls and reconciliations

2) Based on COSO definition of internal controls, which of the following in NOT an aim of internal controls?

a- Effective and efficient operations

b- Reliable financial reporting

c- Compliance with laws and regulations

d- Safe workplace

3) Which of the following controls will best help detect inventory input accuracy concerns when entering credit sales into a system?

a- A batch total of the number of sales invoices in the batch.

b- A hash total of the number of inventory items ordered across all invoice

c- A hash total of customer numbers from all sales invoices

d- A sequence check on sales invoice numbers

4) A sales order is created by using as the main source of information.

a- Inventory level

b- Credit information

c- Sales request

d- Forecasted sales

5) The relationship between internal auditing function and the organisations external auditors can be described as:

a- Competing

b- Substitutive

c- Enhancing

d- Close

6) In corporate governance principles, remunerate fairly and responsibly means:

a- All board members should be paid the same amount of remuneration

b- All employees of an organisation should be paid fairly

c- The organisation should be able to demonstrate a clear link between company performance and executive remuneration

d- The organisation should be able to demonstrate a clear link between employee performance and employee remuneration

7) Protecting the IT resources, ensuring the reliable and continuous operations and developing a disaster recovery plan are all aspects of:

a- IT governance

b- corporate governance

c- managing risk

d- IT management

8) Which of the following in NOT one of the principles identified in the IT governance standard released by standards Australia that encapsulate the domain of IT governance?

a- Ensure ICT performs well, with performance including the satisfaction of business needs, responding to changing business needs and being a reliable support for organisational activities whenever required.

b- Ensure ICT conforms with any external obligations as well as any internal policies that may exist in the organisation.

c- Put in place well understood responsibilities for ICT throughout the organisation and the greater society.

d- Ensure ICT use respects human factors, particularly the meeting of the needs of the different system stakeholders.