Auditing Definition and Purpose

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Questions and Answers

What is the main purpose of auditing financial statements?

  • Investigating financial misconduct
  • Improving data integrity
  • Ensuring accuracy and reliability (correct)
  • Enhancing operational efficiency

What does a compliance audit primarily verify?

  • Operational disruptions
  • Adherence to laws and regulations (correct)
  • Integrity of information systems
  • Accuracy of financial statements

Which type of audit focuses on examining organizational processes to enhance efficiency and compliance?

  • Compliance audits
  • Financial audits
  • Operational audits (correct)
  • Forensic audits

In a computerized environment, what does cybersecurity primarily address?

<p>Vulnerabilities in information systems (B)</p> Signup and view all the answers

What is the main objective of ensuring compliance with IT security policies?

<p>Mitigating legal and reputational risks (A)</p> Signup and view all the answers

What is the key function of an audit trail in a computerized environment?

<p>Tracking user activities and detecting anomalies (A)</p> Signup and view all the answers

What is the function of the Central Processing Unit (CPU) in a computer system?

<p>Acts as the brain of the computer, executing instructions (A)</p> Signup and view all the answers

Which component of a computer system allows users to interact with the system?

<p>Input Devices (Keyboard, Mouse) (C)</p> Signup and view all the answers

What is the primary function of an Operating System in a computerized system?

<p>Manages hardware resources and provides user interface (B)</p> Signup and view all the answers

Which type of computerized system is designed to perform dedicated functions within larger systems or products?

<p>Embedded Systems (A)</p> Signup and view all the answers

What type of software includes programs designed for specific tasks like word processors or graphic design software?

<p>Application Software (A)</p> Signup and view all the answers

Which component of a computer system stores data for long-term use?

<p>Storage Devices (C)</p> Signup and view all the answers

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