ACC 320 EXAM I COMPREHENSIVE EXAM
SCRIPT 2026 GRADED A+
⫸ What is the reason for compensating controls? Answer: To reduce
the risk when more expensive or complex controls are missing.
⫸ Within the COSO Internal Control-Integrated Framework, which
of the following
components are designed to ensure that internal controls continue to
operate effectively? Answer: Monitoring
⫸ If a company is using Google Drive, which scenario is an expected
result?
Select answer from the options below Answer: The company is able
to give specific employees access to specific documents without
having to store them on everyone's computer.
⫸ At Fred's Coffee Shop, the manager on shift at the end of the day
will count the cash drawer and then reconcile the cash with what the
total sales of coffee was recorded as in the sales log. This is an
example of what type of control? Answer: Detective Control
⫸ At Lights Ice Cream, they are expanding and bringing on more
employees. It is clear that employees were not sure of the rules for
using the work devices for personal uses. The management team
developed written policy and procedures for each employee to follow
, regarding using work devices for personal use. They receive specific
training on this topic on their first day of work. What is the
implementation of these controls? Answer: Manual
⫸ Which of the following modules is included in all ERP solutions?
Answer: Finance
⫸ Your co-worker tells you they are using JavaScript on their project
next week. What type of work are they going to do? Answer:
Software is created using programming languages, which are written
sets of coded instructions that the system understands. These
instructions can be as simple as opening a file or as complex as
performing calculations for a rocket to land on the moon. Some
popular software programming languages include JavaScript, HTML,
Python, and Scala.
Your co-worker is using JavaScript to write (or program) codes for a
software to use.
⫸ Which of these software programs is most like one you would find
in the "cloud"? Answer: Dropbox is the only software program listed
that either provides a certain amount of free storage to basic members
or can charge increasing prices for upgrades in storage sizes.
⫸ Online Transaction Processing (OLTP) Answer: Processes
transactions; Modifies the database by adding and changing
transaction data
SCRIPT 2026 GRADED A+
⫸ What is the reason for compensating controls? Answer: To reduce
the risk when more expensive or complex controls are missing.
⫸ Within the COSO Internal Control-Integrated Framework, which
of the following
components are designed to ensure that internal controls continue to
operate effectively? Answer: Monitoring
⫸ If a company is using Google Drive, which scenario is an expected
result?
Select answer from the options below Answer: The company is able
to give specific employees access to specific documents without
having to store them on everyone's computer.
⫸ At Fred's Coffee Shop, the manager on shift at the end of the day
will count the cash drawer and then reconcile the cash with what the
total sales of coffee was recorded as in the sales log. This is an
example of what type of control? Answer: Detective Control
⫸ At Lights Ice Cream, they are expanding and bringing on more
employees. It is clear that employees were not sure of the rules for
using the work devices for personal uses. The management team
developed written policy and procedures for each employee to follow
, regarding using work devices for personal use. They receive specific
training on this topic on their first day of work. What is the
implementation of these controls? Answer: Manual
⫸ Which of the following modules is included in all ERP solutions?
Answer: Finance
⫸ Your co-worker tells you they are using JavaScript on their project
next week. What type of work are they going to do? Answer:
Software is created using programming languages, which are written
sets of coded instructions that the system understands. These
instructions can be as simple as opening a file or as complex as
performing calculations for a rocket to land on the moon. Some
popular software programming languages include JavaScript, HTML,
Python, and Scala.
Your co-worker is using JavaScript to write (or program) codes for a
software to use.
⫸ Which of these software programs is most like one you would find
in the "cloud"? Answer: Dropbox is the only software program listed
that either provides a certain amount of free storage to basic members
or can charge increasing prices for upgrades in storage sizes.
⫸ Online Transaction Processing (OLTP) Answer: Processes
transactions; Modifies the database by adding and changing
transaction data
