ACCY 310 FINAL UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. The fraud triangle includes incentive, opportunity and an
attitude to rationalize the fraud
Answer:
true
1 multiple choice option
Question:
2. encryption is a preventive control ensuring data
confidentiality and privacy during transmission and for
storage
Answer:
true
1 multiple choice option
Question:
3. hashing process can be reversed and it is used for
maintaining data confidentiality
Answer:
false
1 multiple choice option
Question:
4. In today's business environment, companies should
obtain and review system and orginzation controls
reports from their service providers prior to signing
agreements for specific services
Answer:
true
1 multiple choice option
Question:
5. which of the following statements is correct
Answer:
The contents of SOC 1 reports is on the service providers internal controls
relevant to the user company's financial reporting
3 multiple choice options
, Question:
6. a disaster recovery approach should include which of the
following elements
Answer:
regular backups
3 multiple choice options
Question:
7. which of the follwing does not represent a viable data
backup method
Answer:
disaster recovery plan
3 multiple choice options
Question:
8. The goal of information security management is to
maintain confidentiality, integrity and availability of a firms
information
Answer:
true
1 multiple choice option
Question:
9. as the user companys external auditor, which SOC report
will you require your client to obtain
Answer:
SOC 1 type 2 report
3 multiple choice options
Question:
10. which of the following statements is incorrect
Answer:
A fraud prevention program should include an evaluation on the efficiency of
business processes
3 multiple choice options
Question:
11. data mining is the process if searching for patterns in the
data in a data warehouse and to analyze the patterns for
decision making
Answer:
true
1 multiple choice option
CORRECT ANSWERS
Question:
1. The fraud triangle includes incentive, opportunity and an
attitude to rationalize the fraud
Answer:
true
1 multiple choice option
Question:
2. encryption is a preventive control ensuring data
confidentiality and privacy during transmission and for
storage
Answer:
true
1 multiple choice option
Question:
3. hashing process can be reversed and it is used for
maintaining data confidentiality
Answer:
false
1 multiple choice option
Question:
4. In today's business environment, companies should
obtain and review system and orginzation controls
reports from their service providers prior to signing
agreements for specific services
Answer:
true
1 multiple choice option
Question:
5. which of the following statements is correct
Answer:
The contents of SOC 1 reports is on the service providers internal controls
relevant to the user company's financial reporting
3 multiple choice options
, Question:
6. a disaster recovery approach should include which of the
following elements
Answer:
regular backups
3 multiple choice options
Question:
7. which of the follwing does not represent a viable data
backup method
Answer:
disaster recovery plan
3 multiple choice options
Question:
8. The goal of information security management is to
maintain confidentiality, integrity and availability of a firms
information
Answer:
true
1 multiple choice option
Question:
9. as the user companys external auditor, which SOC report
will you require your client to obtain
Answer:
SOC 1 type 2 report
3 multiple choice options
Question:
10. which of the following statements is incorrect
Answer:
A fraud prevention program should include an evaluation on the efficiency of
business processes
3 multiple choice options
Question:
11. data mining is the process if searching for patterns in the
data in a data warehouse and to analyze the patterns for
decision making
Answer:
true
1 multiple choice option
