Which of the following information valuation methods is
LEAST likely to be used during a security review?
A. Processing cost
B. Replacement cost
C. Unavailability cost
D. Disclosure cost
Answer / guest
Answer: A
Processing cost reflects the cost incurred for the data
processing efforts, but does not take into account other
factors like opportunity cost. Choices B, C and D are quite
relevant to security. Replacement cost is the typical
utilitarian view (most preferred for insurance purposes)
that talks about the resources needed to reproduce the lost
asset, in this case, the information. Unavailability cost is
the effect on the business of information loss by way of
lost revenue or lost opportunity. Disclosure cost relates to
the intangible (and generally heavy) price that organization
will have to pay if the information is compromised and
reaches the hands where it should not be.
| Is This Answer Correct ? | 3 Yes | 0 No |
Which of the following are data file controls? A. Internal and external labeling B. Limit check and logical relationship checks C. Total items and hash totals D. Report distribution procedures
When reviewing a system development project an IS auditor would be PRIMARILY concerned with whether: A. business objectives are achieved. B. security and control procedures are adequate. C. the system utilizes the strategic technical infrastructure. D. development will comply with the approved quality management processes
An IS auditor evaluates the test results of a modification to a system that deals with payment computation. The auditor finds that 50 percent of the calculations do not match predetermined totals. Which of the following would MOST likely be the next step in the audit? A. Design further tests of the calculations that are in error. B. Identify variables that may have caused the test results to be inaccurate. C. Examine some of the test cases to confirm the results. D. Document the results and prepare a report of findings, conclusions and recommendations.
Which of the following describes a difference between unit testing and system testing? A. Unit testing is more comprehensive. B. Programmers are not involved in system testing. C. System testing relates to interfaces between programs. D. System testing proves user requirements are complete.
Which of the following is the operating system mode in which all instructions can be executed? A. Problem B. Interrupt C. Supervisor D. Standard processing
Which of the following is a form of an Internet attack? A. Searching for software design errors B. Guessing user passwords based on their personal information C. Breaking the deadman's door to gain entry D. Planting a trojan horse
Compensating controls are intended to: A. reduce the risk of an existing or potential control weakness. B. predict potential problems before they occur. C. remedy problems discovered by detective controls. D. report errors or omissions.
An IS auditor performing a review of the backup processing facilities should be MOST concerned that: A. adequate fire insurance exists. B. regular hardware maintenance is performed. C. offsite storage of transaction and master files exists. D. backup processing facilities are tested fully.
An organization having a number of offices across a wide geographical area has developed a disaster recovery plan (DRP). Using actual resources, which of the following is the MOST cost-effective test of the DRP? A. Full operational test B. Preparedness test C. Paper test D. Regression test
Applying a retention date on a file will ensure that: A. data cannot be read until the date is set. B. data will not be deleted before that date. C. backup copies are not retained after that date. D. datasets having the same name are differentiated.
An IS auditor has just completed a review of an organization that has a mainframe and a client-server environment where all production data reside. Which of the following weaknesses would be considered the MOST serious? A. The security officer also serves as the database administrator (DBA.) B. Password controls are not administered over the client/server environment. C. There is no business continuity plan for the mainframe system?s non-critical applications. D. Most LANs do not back up file server fixed disks regularly.
Which of the following would not prevent the loss of an asset but would assist in recovery by transferring part of the risk to a third party? A. Full system backups B. Insurance C. Testing D. Business impact analysis