ACC 570 - Chapter 13 || 100% SOLVED!!
COBIT issues official SEC accounting guidelines for audits of corporate networks.
True/False correct answers False
Deleting a file creates slack space. True/False correct answers True
Deleted files can always be fully recovered. True/False correct answers False
Time stamps cannot be altered. True/False correct answers False
A has number created for a text string can only be created for that single text string one time.
True/False correct answers False
A hash can be used to prevent claims of evidence contamination. True/False correct answers
True
Disconnecting a suspect's PC results in the loss of data found in the RAM. True/False correct
answers True
A serious weakness in ABC Company's IT network control evironment system is also a
weakness in the company's financial reporting systems. True/False correct answers True
RAM disk is an installation procedure. True/False correct answers False
When forensic investigations go beyond compyuters, it is called digital forensics. True/False
correct answers True
Electronic data provides the investigator with a more complex set of steps in a financial
investigation than piling up paper documents and going through them to find erasure marks.
True/False correct answers true
Electronic evidence is likely to vanish less quickly than paper evidence. True/False correct
answers False
For an accounting system predominately evaluated through the use of electronic audit
evidence, it is generally possible to reduce detection risk to an acceptable level using
substantive tests for financial statement assertions. True/False correct answers False
Where detection risk levels cannot be reduced with increased substantive tests, auditors are
required to test controls in order to make satisfactory assertions regarding exporting risks in
the organization and provide the basis for an unqualified opinion. True/False correct answers
True
PCAOB believes that brainstorming team sessions should involve information technology
specialists. True/False correct answers True
The Sarbanes-Oxey Act makes internal auditors directly responsible for the integrity of a
company's financial statements. True/False correct answers False
COBIT issues official SEC accounting guidelines for audits of corporate networks.
True/False correct answers False
Deleting a file creates slack space. True/False correct answers True
Deleted files can always be fully recovered. True/False correct answers False
Time stamps cannot be altered. True/False correct answers False
A has number created for a text string can only be created for that single text string one time.
True/False correct answers False
A hash can be used to prevent claims of evidence contamination. True/False correct answers
True
Disconnecting a suspect's PC results in the loss of data found in the RAM. True/False correct
answers True
A serious weakness in ABC Company's IT network control evironment system is also a
weakness in the company's financial reporting systems. True/False correct answers True
RAM disk is an installation procedure. True/False correct answers False
When forensic investigations go beyond compyuters, it is called digital forensics. True/False
correct answers True
Electronic data provides the investigator with a more complex set of steps in a financial
investigation than piling up paper documents and going through them to find erasure marks.
True/False correct answers true
Electronic evidence is likely to vanish less quickly than paper evidence. True/False correct
answers False
For an accounting system predominately evaluated through the use of electronic audit
evidence, it is generally possible to reduce detection risk to an acceptable level using
substantive tests for financial statement assertions. True/False correct answers False
Where detection risk levels cannot be reduced with increased substantive tests, auditors are
required to test controls in order to make satisfactory assertions regarding exporting risks in
the organization and provide the basis for an unqualified opinion. True/False correct answers
True
PCAOB believes that brainstorming team sessions should involve information technology
specialists. True/False correct answers True
The Sarbanes-Oxey Act makes internal auditors directly responsible for the integrity of a
company's financial statements. True/False correct answers False
