12 Questions
What is the primary risk mitigation focus when verifying the existence of robust patch management processes in an IaaS environment?
System vulnerabilities
Who is typically responsible for encrypting sensitive data before uploading it to the cloud?
Client
What information must be documented in the audit documentation for each engagement according to AS 1215?
Auditor independence and staff training
What type of cloud service model would you choose to rent virtual machines that include CPUs, RAM, storage, and networking?
IaaS
Who is responsible for the physical security of data centers where cloud services are hosted?
Cloud provider
What does the Y-axis represent on a Benford distribution graph?
The percentage of numbers starting with a specific leading digit
What type of report would an auditor issue when evaluating the design and implementation of controls over financial reporting?
SOC 1 Type II
What does a significant deviation from the expected Benford distribution in a set of vendor invoices suggest?
Further investigation is warranted to understand the cause of the deviation
What is the most suitable list for analysis with Benford's Law?
List of employee salaries within a department
What type of report would an auditor request from a third-party service provider when auditing the financial reports of a company that outsources its payroll?
SOC 1 Type II
What is the typical shape of a graph representing the distribution of leading digits in accordance with Benford's Law?
A downward sloping curve
Who is primarily responsible for the configuration and maintenance of the database that stores customer data in a SaaS application?
The cloud provider
Test your knowledge of auditing principles, including Benford's Law and its application in identifying irregularities, as well as documenting auditor independence and staff training.
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