CA Final Special Aspects of Auditing in an Automated Environment — practice questions
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Practice CA Final Special Aspects of Auditing in an Automated Environment in the app →In an automated environment, General IT Controls (GITC) are also commonly referred to as:Which of the following is NOT an example of an automated environment business application?Which framework is most commonly referenced for IT control objectives?Application controls primarily ensure:IT dependent controls are best described as:Which of the following risks is MOST directly mitigated by access security controls?The ELC (Entity Level Controls) characteristic that BEST captures their nature is that they are:Data analytics in audit is BEST positioned to:Under SA 315, the auditor must identify and assess risks of material misstatement (RoMM):A change-management deficiency in an ERP system is MOST likely to lead to:Which best describes Computer-Assisted Audit Techniques (CAATs)?Risk of "Data integrity" in an automated environment is BEST addressed by:Which is NOT a "Type 1" automated environment risk?COSO ERM places "Risk Assessment" as part of which component group?Best evidence that an automated application control is operating effectively is:A retail company's ERP automatically posts revenue when goods are dispatched. The auditor is testing the "compWhich type of analytical procedure makes the STRONGEST predictive signal in an automated environment?In an automated environment audit, the auditor finds that the segregation of duties (SoD) in the ERP is enforcUnder SA 530, when an automated environment produces a population that is too large to sample non-statisticallA weakness in "Access Security" GITC has been identified. Which of the following financial-statement assertionAn auditor identifies that a control implemented in the ERP fires only when an exception report is reviewed daWhich of the following is the MOST robust test of design and implementation of a programmed validation controlA company migrates ERP mid-year. Which audit consideration becomes MOST sensitive?For Big Data analytics on the audit of a bank's loan portfolio, the MOST informative analytical procedure is:A cloud-based accounting application is hosted by a third-party SaaS provider. Under SA 402, the auditor shoulWhich is the BEST control to detect ghost employees in an automated payroll system?Which of the following findings would most likely indicate a Material Weakness in IT general controls?In data-driven audit, the False-Positive Rate of an exception flag is HIGH. The auditor's appropriate responseA robotic process automation (RPA) bot performs three-way matching of PO/GRN/Invoice in the AP cycle. The audiA "single ID with admin privileges shared across the IT operations team" is a classic violation of:When evaluating an "Information Produced by the Entity" (IPE) report used as audit evidence in an automated en