List the three parts of a control system, and explain how such a system works.

Q: Give three examples of access control in a POS system.

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Q: What are the five control implications of distributed data processing?

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Q: What are the five components of internal control? Briefly explain each component.

A: Auditing is a process of inspecting the financial accounts of a company in order to determine the…

Q: What are the four modifying assumptions that guide designers and auditors of internal control…

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Q: Explain internal control. Suggest suitable system of internal control of CSD.

A: Internal control is the procedure, rules used by business in order to ensure the solidarity of the…

Q: Explain the purpose of each of the layers in the OSI protocol model.

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Q: What are the five components of Internal Control?

A: Five components of internal control are: Control environment - It refers to top management attitude…

Q: List the six systems development controls. List the two systems maintenance controls.

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Q: Briefly describe the key elements of an operating plan

A: An operational plan is an everyday objective planned to achieve the decisions made in the strategic…

Q: Match the conditions for internal control to each of the policies listed.

A: Internal Control:   Internal control is a process which ensures continuous reliability of…

Q: Discuss the rules for linking events to resources and agents in an REA diagram.

A: REA Diagram: REA diagram is a technique which is used to establish the relationship between…

Q: Differentiate between general and application controls. Give two examples of each.

A: Internal Controls:   Internal controls are the controls established within an organization to check…

Q: What are the three authorization controls?

A: In accounting and auditing, the term internal control indicates to a set of measures intended to…

Q: What are the five components of internal control? Briefly explain each component?

A: The components of internal controls are explained below :

Q: Describe the two-tier client-server model.

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Q: internal control principle that is applicable to each procedure.

A: Internal control principles are the set of standards to be adhered to while implementing controls in…

Q: Define and describe what is meant by internal control.

A: Internal control:   Internal control can be defined as a process to ensure achievement of the…

Q: What are the categories of processing controls?

A: Internal Control:   It is a process of assuring the effectiveness and efficiency of the objectives…

Q: If all of the inputs have been validated before processing, then what purpose do run-to-run controls…

A: The run to run controls is a control device to ensure that no records are lost, unprocessed or…

Q: Define core applications, and give some examples.

A: Definition: Core application: Core application refers to the operational work and is mainly…

Q: Write down the characteristics that defines operating segments.

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: How are run charts useful in process control?

A: A run chart is a graph of data that is plotted over time. For a particular process if you collect…

Q: List the four major categories of general controls, and Identify the objectives of each.

A: General controls refer to the information system activities to be applied in the whole…

Q: Describe three criteria you would use to evaluate whether a management control system is effective

A: Management control system:

Q: Describe the three-tier client-server model.

A: Client-Server Model: A client-server model can be defined as the architecture of distributed…

Q: Which of the following is a component of general controls?       a.   processing controls       b.…

A: General controls are the IT/computerized controls that are applicable to the entire organization and…

Q: Explain the lockbox system.

A: A lockbox system is a collection of lockboxes strategically located near geographic clusters of firm…

Q: List the control features that directly contribute to the security of the computer center…

A: Computer Center: An enterprise established for performing complex and laborious computation tasks by…

Q: What are two approaches to conceptual systems design?

A: Conceptual Design:   Conceptual design is that structure which provides various conceptual system…

Q: What are the five control objectives of an operating system?

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Q: Give an example for each of the following control activities in the conversion cycle: transaction…

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Q: Which of the following is the correct sequence of activities in the systems development life cycle?…

A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…

Q: Refer to the system flowchart below and identify the internal control risks represented in it:

A: System flowchart is a data flow diagram that analyze the beginning criteria and end results of a…

Q: Give three examples of application controls.

A: Internal Controls: Internal controls are the controls established within an organization to check…

Q: Is it necessary to have several entries in a control structure? why?

A: Control structure is an amalgamation of the  polices and  procedure , which is implemented to ensure…

Q: What are the three main tasks the operating system performs?

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Q: What are the five components of an internal control system?

A: An internal control system is referred to as a set of rules, guidelines, and policies that are…

Q: Describe some common examples of Control Activities.

A: Control activities: Control activities are more concerned about the protection of the resources of…