9/27/23, 1:16 PM Assessment 3: Attempt review
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Started on Wednesday, 27 September 2023, 12:28 PM
State Finished
Completed on Wednesday, 27 September 2023, 12:53 PM
Time taken 25 mins 13 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
You are the audit senior assigned to the audit of Fix-IT Ltd, a motor vehicle spares company. You obtain an understanding of the ordering
function within the revenue and receipts cycle at Fix-IT Ltd. All orders are captured by the debtors' clerk who will input the order on the
revenue system by creating an internal sales order and capturing the order details. Which one of the following programme controls should
be implemented to ensure that the order quantity is accurate before processing the order?
a. Alpha numeric check
b. Limit check
c. Mandatory fields check.
d. Validation check
Your answer is correct.
The correct answer is:
Limit check
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=171382&cmid=70260 1/9
, 9/27/23, 1:16 PM Assessment 3: Attempt review
Question 2
Correct
Mark 2.00 out of 2.00
MENU
You are the audit senior assigned to the audit of Fix-IT Ltd, a motor vehicle spares company. In obtaining an understanding of the inventory
function, you perform the following walk-through procedure: You walk through the warehouse and notice that the receiving and despatch
sections are separated by glass and locked doors. Mr Thato shows you with his personnel card that he can open both doors based on his
role as warehouse manager. Which one of the following alternatives best describes the control activity achieved by the above-mentioned
procedure performed in the warehouse of Fix-IT Ltd?
a. Custody control
b. Access control
Reference: Richard, Roets, Adams and West (2021:12/14)
Physical separation of the receiving and despatch areas along
with controlled access to specific personnel/areas is a form of
access control.
c. Segregation of duties
d. Isolation of responsibility
Your answer is correct.
Reference: Richard, Roets, Adams and West (2021:12/12)
One of the controls that can be implemented to ensure that inventory is not lost, stolen or misplaced is to perform regular cycle counts.
The inventory count should also not be performed by the warehouse personnel alone but rather two personnel, one of whom is
independent of the warehouse.
The correct answer is:
Access control
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=171382&cmid=70260 2/9
MENU
Started on Wednesday, 27 September 2023, 12:28 PM
State Finished
Completed on Wednesday, 27 September 2023, 12:53 PM
Time taken 25 mins 13 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
You are the audit senior assigned to the audit of Fix-IT Ltd, a motor vehicle spares company. You obtain an understanding of the ordering
function within the revenue and receipts cycle at Fix-IT Ltd. All orders are captured by the debtors' clerk who will input the order on the
revenue system by creating an internal sales order and capturing the order details. Which one of the following programme controls should
be implemented to ensure that the order quantity is accurate before processing the order?
a. Alpha numeric check
b. Limit check
c. Mandatory fields check.
d. Validation check
Your answer is correct.
The correct answer is:
Limit check
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=171382&cmid=70260 1/9
, 9/27/23, 1:16 PM Assessment 3: Attempt review
Question 2
Correct
Mark 2.00 out of 2.00
MENU
You are the audit senior assigned to the audit of Fix-IT Ltd, a motor vehicle spares company. In obtaining an understanding of the inventory
function, you perform the following walk-through procedure: You walk through the warehouse and notice that the receiving and despatch
sections are separated by glass and locked doors. Mr Thato shows you with his personnel card that he can open both doors based on his
role as warehouse manager. Which one of the following alternatives best describes the control activity achieved by the above-mentioned
procedure performed in the warehouse of Fix-IT Ltd?
a. Custody control
b. Access control
Reference: Richard, Roets, Adams and West (2021:12/14)
Physical separation of the receiving and despatch areas along
with controlled access to specific personnel/areas is a form of
access control.
c. Segregation of duties
d. Isolation of responsibility
Your answer is correct.
Reference: Richard, Roets, Adams and West (2021:12/12)
One of the controls that can be implemented to ensure that inventory is not lost, stolen or misplaced is to perform regular cycle counts.
The inventory count should also not be performed by the warehouse personnel alone but rather two personnel, one of whom is
independent of the warehouse.
The correct answer is:
Access control
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=171382&cmid=70260 2/9
