Interested to Buy Any Domain ? << Click Here >> for more details...
A company uses a bank to process its weekly payroll. Time
sheets and payroll adjustment forms (e.g., hourly rate
changes, terminations) are completed and delivered to the
bank, which prepares checks (cheques) and reports for
distribution. To BEST ensure payroll data accuracy:
A. payroll reports should be compared to input forms.
B. gross payroll should be recalculated manually.
C. checks (cheques) should be compared to input forms.
D. checks (cheques) should be reconciled with output reports.
- 1 Answers
- 6817 Views
- I also Faced
- E-Mail Answers
Answer / guest
Answer: A
The best way to confirm data accuracy, when input is
provided by the company and output is generated by the bank,
is to verify the data input (input forms) with the results
of the input (payroll reports). Hence, comparing payroll
reports with input forms is the best mechanism of verifying
data accuracy. Recalculating gross payroll manually would
only verify whether the processing is correct and not the
data accuracy of inputs. Comparing checks to input forms is
not feasible as checks have the processed information and
input forms have the input data. Reconciling checks with
output reports only confirms that checks have been issued as
per output reports.
| Is This Answer Correct ? | 4 Yes | 1 No |
Which of the following is a strength of the program evaluation review technique (PERT) over other techniques? PERT: A. considers different scenarios for planning and control projects. B. allows the user to input program and system parameters. C. tests system maintenance processes accurately. D. estimates costs of system projects.
Which of the following functions would be acceptable for the security administrator to perform in addition to his/her normal functions? A. Systems analyst B. Quality assurance C. Computer operator D. Systems programmer
When assessing the portability of a database application, the IS auditor should verify that: A. a structured query language (SQL) is used. B. information import and export procedures with other systems exist. C. indexes are used. D. all entities have a significant name and identified primary and foreign keys.
In a client-server architecture, a domain name service (DNS) is MOST important because it provides the: A. address of the domain server. B. resolution service for the name/address. C. IP addresses for the Internet. D. domain name system.
An IS auditor, performing a review of an application?s controls, discovers a weakness in system software, which could materially impact the application. The IS auditor should: A. Disregard these control weaknesses as a system software review is beyond the scope of this review. B. Conduct a detailed system software review and report the control weaknesses. C. Include in the report a statement that the audit was limited to a review of the application?s controls. D. Review the system software controls as relevant and recommend a detailed system software review.
The window of time recovery of information processing capabilities is based on the: A. criticality of the processes affected. B. quality of the data to be processed. C. nature of the disaster. D. applications that are mainframe based.
Which of the following risks would be increased by the installation of a database system? A. Programming errors B. Data entry errors C. Improper file access D. Loss of parity
When auditing the requirements phase of a software acquisition, the IS auditor should: A. assess the feasibility of the project timetable. B. assess the vendor?s proposed quality processes. C. ensure that the best software package is acquired. D. review the completeness of the specifications.
To affix a digital signature to a message, the sender must first create a message digest by applying a cryptographic hashing algorithm against: A. the entire message and thereafter enciphering the message digest using the sender's private key. B. any arbitrary part of the message and thereafter enciphering the message digest using the sender's private key. C. the entire message and thereafter enciphering the message using the sender's private key. D. the entire message and thereafter enciphering the message along with the message digest using the sender's private key.
An Internet-based attack using password sniffing can: A. enable one party to act as if they are another party. B. cause modification to the contents of certain transactions. C. be used to gain access to systems containing proprietary information. D. result in major problems with billing systems and transaction processing agreements.
During the review of an organization's disaster recovery and business continuity plan, the IS auditor found that a paper test was performed to verify the existence of all necessary procedures and actions within the recovery plan. This is a: A. preparedness test. B. module test. C. full test. D. walk-through test.
An organization's disaster recovery plan should address early recovery of: A. all information systems processes. B. all financial processing applications. C. only those applications designated by the IS manager. D. processing in priority order, as defined by business management.
Cisco Certifications 
