Q46.
In system audit planning, which of the following is the documented audit plan that covers
several years?
a)
b)
c)
d)
Q47.
Which of the following basic elements necessary for implementing internal control is a
mechanism for mitigating the effect of a small mistake on corporate activities as a whole?
a)
b)
c)
d)
Q48.
Documented basic plan
Individual documented plan
Documented medium- and long-term plan
Documented annual plan
Control activities
Information and communications
Monitoring
Control environment
Which of the following is appropriate as a description of boundary value analysis?
a) A method where boundary values are identified for the data entered into the system
and used as test data
b) A method where equivalence class border values are used as test data
c) A method of testing where boundary values that can be entered into the system are
analyzed
d) A method of analysis for identifying input values that do not produce errors but are
on the borderline
Q49.
a)
b)
c)
d)
Efficiency and effectiveness
Compliance with laws and regulations
Reliability of financial reporting
Protection of assets
Practice exam 3
In internal control, which of the following is important for ascertaining a company’s financial condition?
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