ACC 544 EDU Great Stories /acc544edu.com ACC 544 EDU Great Stories /acc544edu.com | Page 22

• Question 60 A computer-assisted audit technique that is most
likely to be effective in a continuous auditing environment is
• Question 61 Smith Corporation has numerous customers. A
customer file is kept on disk storage. Each customer file contains
name, address, credit limit, and account balance. The auditor
wishes to test this file to determine whether credit limits are being
exceeded. The best procedure for the auditor to follow would be
to
• Question 62 When an auditor tests a computerized accounting
system, which of the following is true of the test data approach?
• Question 63 An audit technique which involves actual analysis
of the logic of a computer program’s processing routines is
referred to as
• Question 64 In auditing through a computer, the test data
method is used by auditors to test the
• Question 65 A primary advantage of using generalized audit
software packages to audit the financial statements of a client that
uses a computer system is that the auditor may
• Question 66 Which of the following is an advantage of
generalized computer audit packages?
• Question 67 The individual with whom an auditor would be
most likely to discuss specific access controls within a client’s
relational database management system is the
• Question 68 Which of the following is not a technique to
continuously test controls within a computer system?
• Question 69 To obtain evidence that user identification and
password controls are functioning as designed, an auditor would
most likely
• Question 70 When testing a computerized accounting system,
which of the following is not true of the test data approach?
• Question 71 Which of the following is not a major reason for
maintaining an audit trail for a computer system?
• Question 72 In building an electronic data interchange (EDI)
system, what process is used to determine which elements in the
entity's computer system correspond to the standard data
elements?