12/2 Class Final Test Questions Flashcards Preview

ACCT 5410 > 12/2 Class Final Test Questions > Flashcards

Flashcards in 12/2 Class Final Test Questions Deck (59):
1

assessment

do your best be professional
this helps eldredge
available on saturday

2

4. synyster gates is the CFO synyster uses several consolidation spreadsheets , which one isn't a good control

answer: reviewing sign of by multiple accoutants

3

5 what is on a purchase order

stuff

4

direction starting from the source

completeness

5

good are received at the end of the period but not billed

cut off issue

6

8. accounting record includes details of amounts owed to each vendor

a/p subsidiary ledger

7

9. internal control activities within the purchasing process, identified as adequate records and documents

files are to be maintained for purchase requisitions, PO, receiving report, and invoices

8

10. department responsible for reviewing each department and getting employees

HR

9

11. personnel records don't include

medical history before hiring

10

12, record prepared by payroll lists salary wage

payroll register

11

13. internal control activities requiring the manager to approve the payroll registry is to prevent what

fictitious employee

12

14, internal control activities in payroll segregation of duties includes...

payroll preparation, auth of new hires and pay rates, etc

13

15. conversion processes includes all except

office supplies

14

16. form that specifies the components of a product

bill of materials

15

17. Process that plans the timing for production

scheduling

16

18. form that auth production activities

production work orders

17

19. Which document provides info regarding info throughout the stage

routing slip

18

20. expected costs per unit based on projections of a product's cost which include dm and other stuff

standard costs

19

21. variances in inventory

actual costs - standard costs applied

20

22. EOQ equation model problem optimum order size

2683

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23. key control in closing process

checklist delegating the closing processes

22

24. key control for JE in closing process

segregation of duties, review and posting

23

25. names of the three document match in A/P

receiving report, approved PO, and vendor invoice

24

26. the receiving department is not responsible to

order goods from vendors

25

27. chester calculates translation which is not a strong control

recalculation and tracing of the rates used to a valid source by chester

26

28. authentication that uses user physical characteristics

biometric

27

29. hardware/ software blocks access

firewall

28

30. encrypting

encryption

29

31, type of encryption private and public

public key encryption what is it

30

32. auth employees connect outside from a

VPN virtual private network

31

33. what browser have to securely communicate

secure socket layer

32

34. method to identify exposures

vulnerability assessment

33

35. which position isn't one of the duties needed to be segregated from the others

none of the above

34

36. steps to implement system

system development life cycle

35

37. battery system to maintain power for a short period of time

uninterruptible power supply

36

38. which is not a physical access control

encryption of passwords

37

39. concerns regarding accuracy and completeness

integrity risk

38

40. internal controls over the input processing and output

application controls

39

41. which of the following is not one of the automated input controls

certification check

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42. automatically checks a field to ensure the data entry exists according to a list of inputs is not a

certification check

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43. control for acceptable entries

validity check

42

44.

self checking digit

43

45. useless total

hash total

44

46.control to determine proper specific user access in an electronic system

biometric devices

45

47. what is an example of what you have in the context of logical control over an IT system

token ID Card

46

48. study of the current system to determine the strengths and weaknesses

systems analysis

47

49. set of steps undertaken to program, test, and activate it

systems implmentation

48

50. which of the following is not typically a precondition for revenue recognition under GAAP

recorded in the GL

49

51. creation of the system that meets user needs

systems design

50

52. the regular ongoing functioning of an IT system

operation and maintenance

51

53. thedocu sent to a vendor to propos

request for proposal

52

54. system conversion type that...

big bang theory

53

55. system conversion in parts

phase in

54

56. tests security controls involve entering the system

penetration testing

55

57. aligning stuff

IT governance

56

58. company lost its infrastructure and repurchases everything and plugs in old data

cold site

57

59. disaster recovery vs business continuity

the speed in which the company wishes to recover from hardware failure

58

60. proper IT general computer control over programmers in the development environment

version control software to track changes, testing, and approvals

59

essay question

periodic vs perpetual system discuss in detail the two methods and the effect on the GL and its methods of accounting and upon its effectiveness of internal controls