Podcast
Questions and Answers
What is the primary purpose of information system audits in tech companies?
What is the primary purpose of information system audits in tech companies?
- To protect company servers and systems from hacking
- To recommend software and equipment for specific business needs
- To make sure private customer data is secure (correct)
- To evaluate data processing technology
What type of audit is often conducted as part of a criminal or civil investigation?
What type of audit is often conducted as part of a criminal or civil investigation?
- Operational audit
- Forensic audit (correct)
- Financial audit
- Compliance audit
What is the primary advantage of an audit to a partnership?
What is the primary advantage of an audit to a partnership?
- Minimization of disputes among partners in profit sharing
- Receiving audited financial statements
- Safeguarding of rights of the partners
- A reasonable assurance to ensure that the financial statements are free from material misstatements (correct)
What is the primary advantage of an audit to shareholders?
What is the primary advantage of an audit to shareholders?
What is the primary purpose of forensic auditors?
What is the primary purpose of forensic auditors?
What is the outcome of a forensic audit?
What is the outcome of a forensic audit?
What is the primary purpose of an audit in terms of internal control?
What is the primary purpose of an audit in terms of internal control?
What is the primary advantage of an audit in terms of decision making?
What is the primary advantage of an audit in terms of decision making?
What is the primary purpose of an audit in terms of financial statements?
What is the primary purpose of an audit in terms of financial statements?
What is the primary purpose of an audit in terms of partner rights?
What is the primary purpose of an audit in terms of partner rights?