WGU D561 OBJECTIVE ASSESSMENT AND PRACTICE
EXAM NEWEST 2026 TEST BANK| D561
INFORMATION SYSTEMS FOR ACCOUNTING AND
CONTROL OA EXAM PREP WITH COMPLETE 450
REAL EXAM QUESTIONS AND CORRECT VERIFIED
ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)
Which coding technique should be used to assign numbers to a
company's purchase orders?
a. Block codes
b. Group codes
c. Mnemonic codes
d. Sequence codes - Correct Answer - d. Sequence codes
A company's internal auditor considers the potential for input fraud
when reviewing data about sales transactions. Which component of the
Committee of Sponsoring Organizations (COSO) framework does this
represent?
a. Monitoring
b. Control activities [X]
c. Control environment
d. Risk assessment - Correct Answer - d. Risk assessment
pg. 1
,A manufacturing company plans to employ internal control to prevent,
detect, and rectify transaction errors as well as fraud in its sales software
program. Which type of internal control is the company planning to
implement?
a. Software acquisition control
b. General control
c. Application control
d. Security control - Correct Answer - c. Application control
When a marketing company decided to create a centralized information
system, it first created a document that listed the tasks to be performed,
the employees who will perform them, the completion dates and
milestones, and the expected costs. Which system development control
did the company use?
a. A system performance measurement guide
b. A strategic master plan
c. A data processing schedule
d. A project development plan - Correct Answer - d. A project
development plan
An accounting firm's management reviews the internal control
procedures and finds that the same employee who accepts payments also
reconciles the payments in the system at the end of the day. The
management tasks the executives with ensuring proper segregation of
duties within the organization's financial processes. Why is this
necessary?
pg. 2
,a. To minimize the risk of fraud
b. To reduce the workload of employees
c. To enhance collaboration and morale
d. To reduce redundancy in the financial process - Correct Answer - a.
To minimize the risk of fraud
During a company's internal audit, some inaccuracies are discovered in
the financial documents. A deeper investigation shows multiple instances
of invalid master data in the expenditure cycle of the ERP system. What
should the management do to mitigate this threat in the future?
a. Employ disaster recovery procedures
b. Employ data processing integrity controls
c. Have one person create new supplier records and record payments to
suppliers
d. Use the default configuration of employee roles in the ERP system -
Correct Answer - b. Employ data processing integrity controls
A gaming company follows the time-based model of information
security. When an internal audit report reveals that the company has
strong preventive and corrective controls but weak detective controls,
the management decides to implement additional controls to protect
confidential data and detect threats. What is a potential detective control
the company should implement?
a. Encryption
b. Log analysis
pg. 3
, c. Physical security access
d. Multimodal authentication - Correct Answer - b. Log analysis
An investment company faces many data processing errors when several
employees attempt to update the organization-wide sales sheet
simultaneously by accessing the company's database. Which step should
the company take to resolve this issue?
a. Implement concurrent update controls
b. Implement write-protection mechanisms
c. Perform an acceptance test
d. Perform a system-wide integration test - Correct Answer - a.
Implement concurrent update controls
After a large, multinational company based in Argentina paid kickbacks
to U.S. government executives in exchange for gas and oil contracts, the
company was required to pay a fine of $15 million to the United States
and Argentina. As a result of the scandal, the company's CEO had to
resign. Which law did the company violate?
a. The Holding Foreign Companies Accountable Act (HFCAA)
b. The Sarbanes-Oxley (SOX) Act
c. The Glass-Steagall Act
d. The Foreign Corrupt Practices Act - Correct Answer - d. The Foreign
Corrupt Practices Act
pg. 4
EXAM NEWEST 2026 TEST BANK| D561
INFORMATION SYSTEMS FOR ACCOUNTING AND
CONTROL OA EXAM PREP WITH COMPLETE 450
REAL EXAM QUESTIONS AND CORRECT VERIFIED
ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)
Which coding technique should be used to assign numbers to a
company's purchase orders?
a. Block codes
b. Group codes
c. Mnemonic codes
d. Sequence codes - Correct Answer - d. Sequence codes
A company's internal auditor considers the potential for input fraud
when reviewing data about sales transactions. Which component of the
Committee of Sponsoring Organizations (COSO) framework does this
represent?
a. Monitoring
b. Control activities [X]
c. Control environment
d. Risk assessment - Correct Answer - d. Risk assessment
pg. 1
,A manufacturing company plans to employ internal control to prevent,
detect, and rectify transaction errors as well as fraud in its sales software
program. Which type of internal control is the company planning to
implement?
a. Software acquisition control
b. General control
c. Application control
d. Security control - Correct Answer - c. Application control
When a marketing company decided to create a centralized information
system, it first created a document that listed the tasks to be performed,
the employees who will perform them, the completion dates and
milestones, and the expected costs. Which system development control
did the company use?
a. A system performance measurement guide
b. A strategic master plan
c. A data processing schedule
d. A project development plan - Correct Answer - d. A project
development plan
An accounting firm's management reviews the internal control
procedures and finds that the same employee who accepts payments also
reconciles the payments in the system at the end of the day. The
management tasks the executives with ensuring proper segregation of
duties within the organization's financial processes. Why is this
necessary?
pg. 2
,a. To minimize the risk of fraud
b. To reduce the workload of employees
c. To enhance collaboration and morale
d. To reduce redundancy in the financial process - Correct Answer - a.
To minimize the risk of fraud
During a company's internal audit, some inaccuracies are discovered in
the financial documents. A deeper investigation shows multiple instances
of invalid master data in the expenditure cycle of the ERP system. What
should the management do to mitigate this threat in the future?
a. Employ disaster recovery procedures
b. Employ data processing integrity controls
c. Have one person create new supplier records and record payments to
suppliers
d. Use the default configuration of employee roles in the ERP system -
Correct Answer - b. Employ data processing integrity controls
A gaming company follows the time-based model of information
security. When an internal audit report reveals that the company has
strong preventive and corrective controls but weak detective controls,
the management decides to implement additional controls to protect
confidential data and detect threats. What is a potential detective control
the company should implement?
a. Encryption
b. Log analysis
pg. 3
, c. Physical security access
d. Multimodal authentication - Correct Answer - b. Log analysis
An investment company faces many data processing errors when several
employees attempt to update the organization-wide sales sheet
simultaneously by accessing the company's database. Which step should
the company take to resolve this issue?
a. Implement concurrent update controls
b. Implement write-protection mechanisms
c. Perform an acceptance test
d. Perform a system-wide integration test - Correct Answer - a.
Implement concurrent update controls
After a large, multinational company based in Argentina paid kickbacks
to U.S. government executives in exchange for gas and oil contracts, the
company was required to pay a fine of $15 million to the United States
and Argentina. As a result of the scandal, the company's CEO had to
resign. Which law did the company violate?
a. The Holding Foreign Companies Accountable Act (HFCAA)
b. The Sarbanes-Oxley (SOX) Act
c. The Glass-Steagall Act
d. The Foreign Corrupt Practices Act - Correct Answer - d. The Foreign
Corrupt Practices Act
pg. 4
