Interested to Buy Any Domain ? << Click Here >> for more details...
The use of statistical sampling procedures helps minimize:
A. sampling risk.
B. detection risk.
C. inherent risk.
D. control risk.
- 1 Answers
- 11788 Views
- I also Faced
- E-Mail Answers
Answer / guest
Answer: B
Detection risk is the risk that the IS auditor uses an
inadequate test procedure and concludes that material errors
do not exist, when in fact they do. Using statistical
sampling, an IS auditor can quantify how closely the sample
should represent the population and quantify the probability
of error. Sampling risk is the risk that incorrect
assumptions will be made about the characteristics of a
population from which a sample is selected. Assuming there
are no related compensating controls, inherent risk is the
risk that an error exists, which could be material or
significant when combined with other errors found during the
audit. Statistical sampling will not minimize this. Control
risk is the risk that a material error exists, which will
not be prevented or detected on a timely basis by the system
of internal controls. This cannot be minimized using
statistical sampling.
| Is This Answer Correct ? | 13 Yes | 2 No |
A company disposing of personal computers that once were used to store confidential data should first: A. demagnetize the hard disk. B. low-level format the hard disk. C. delete all data contained on the hard disk. D. defragment the data contained on the hard disk.
Which of the following is the BEST way to handle obsolete magnetic tapes before disposing of them? A. Overwriting the tapes B. Initializing the tape labels C. Degaussing the tapes D. Erasing the tapes
Which of the following is a control over database administration activities? A. A database checkpoint to restart processing after a system failure B. Database compression to reduce unused space C. Supervisory review of access logs D. Backup and recovery procedures to ensure database availability
During a review of a large data center an IS auditor observed computer operators acting as backup tape librarians and security administrators. Which of these situations would be MOST critical to report? A. Computer operators acting as tape librarians B. Computer operators acting as security administrators C. Computer operators acting as a tape librarian and security administrator D. It is not necessary to report any of these situations.
An IS auditor should use statistical sampling and not judgmental (nonstatistical) sampling, when: A. the probability of error must be objectively quantified. B. the auditor wants to avoid sampling risk. C. generalized audit software is unavailable. D. the tolerable error rate cannot be determined.
Using test data as part of a comprehensive test of program controls in a continuous online manner is called a/an: A. test data/deck. B. base case system evaluation. C. integrated test facility (ITF). D. parallel simulation.
Peer reviews to detect software errors during a program development activity are called: A. emulation techniques. B. structured walk-throughs. C. modular program techniques. D. top-down program construction.
Assumptions while planning an IS project involve a high degree of risk because they are: A. based on known constraints. B. based on objective past data. C. a result of lack of information. D. often made by unqualified people.
During an audit of an enterprise that is dedicated to e-commerce, the IS manager states that digital signatures are used in the establishment of its commercial relations. To substantiate this, the IS auditor must prove that which of the following is used? A. A biometric, digitalized and encrypted parameter with the customer's public key B. A hash of the data that is transmitted and encrypted with the customer's private key C. A hash of the data that is transmitted and encrypted with the customer's public key D. The customer's scanned signature, encrypted with the customer's public key
Which of the following would an IS auditor consider a weakness when performing an audit of an organization that uses a public key infrastructure (PKI) with digital certificates for its business-to-consumer transactions via the Internet? A. Customers are widely dispersed geographically, but the certificate authorities (CAs) are not. B. Customers can make their transactions from any computer or mobile device. C. The CA has several data processing subcenters to administer certificates. D. The organization is the owner of the CA.
Which of the following access control functions is LEAST likely to be performed by a database management system (DBMS) software package? A. User access to field data B. User sign-on at the network level C. User authentication at the program level D. User authentication at the transaction level
Capacity monitoring software is used to ensure: A. maximum use of available capacity. B. that future acquisitions meet user needs. C. concurrent use by a large number of users. D. continuity of efficient operations.
Cisco Certifications 
