CGA CGA Information Technology & Systems

Question 1

Which type of IT control is designed to prevent errors or unauthorized access before they occur?

Accepted Answer

Preventive control

Answer

Detective control

Answer

Corrective control

Answer

Compensating control

Question 2

In an ERP system, which of the following represents a key general IT control?

Accepted Answer

Logical access controls restricting system entry to authorized users

Answer

Segregation of duties within financial reporting

Answer

Monthly bank reconciliations

Answer

Physical inventory counts

Question 3

What is the primary risk of inadequate segregation of duties in an accounting system?

Accepted Answer

Increased potential for fraud and undetected errors

Answer

Slower transaction processing

Answer

Higher system maintenance costs

Answer

Reduced reporting accuracy due to duplication

Question 4

A business continuity plan (BCP) primarily ensures that:

Accepted Answer

Critical business functions can continue after a disruptive event

Answer

All IT systems are upgraded annually

Answer

Employee data is backed up daily

Answer

Cybersecurity threats are eliminated

Question 5

Which of the following best describes a data warehouse?

Accepted Answer

A centralized repository of integrated data used for analysis and reporting

Answer

A system for processing real-time transactions

Answer

A backup of the operational database

Answer

A tool for encrypting sensitive financial data

Question 6

What does the acronym CAAT stand for in auditing?

Accepted Answer

Computer-Assisted Audit Techniques

Answer

Certified Accounting and Assurance Tool

Answer

Cost Analysis and Audit Testing

Answer

Computerized Application of Audit Trials