Question

1. This allows transactions to be tracked between origination and financial statements:

   		a. data control group
   		b. financial tracing
   		c. audit trail
   		d. application control

16 points   

QUESTION 2

1. 2. Companies promote integrity by:

   		a. performing one or more of the authorization, custody, and recording functions
   		b. avoiding unrealistic expectations that motivate illegal acts
   		c. developing risk management programs involving risk
   		d. conducting lunch and learn at outside of the office locations security testing and managerial reports are examples of: a. vulnerability scanners b. detective controls c. comparability tests d. patch management 14 points    QUESTION 4 4. The second ERM component relates to a. objective setting b. systems integration c. Sarbanes Oxley d. digital signatures

Answer 1

Ans This allows transactions to be tracked between origination and financial statements:

Audit Trail

Reason:-

It is a source document containing all details.

Ans

2. Companies promote integrity by:

developing risk management programs involving risk

Reason:- Having a risk management program is a foundation stone for integrity

Ans

3  

security testing and managerial reports are examples of:

vulnerability scanners

Reason:-

It assesses the weakness of the organization's systems and the report it to the management.

Ans

4. The second ERM component relates to

a. objective setting

Reason:-

Setting the objective is the second component of ERM

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