Isaca CISA Quiz 596 Topic 5 Questions 2976-2980

Question: 1

Which of the following is the PRIMARY reason for an IS auditor to select a statistical sampling method?

AStatistical sampling methods enable the auditor to objectively quantify the probability of error.

BStatistical sampling methods are the most effective way to avoid sampling risk.

CStatistical sampling methods must be used to mitigate audit risk.

DStatistical sampling methods help the auditor to determine the tolerable error rate.

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Question: 2

An IS auditor intends to accept a management position in the data processing department within the same organization. However, the auditor is currently working on an audit of a major application and has not yet finished the report. Which of the following would be the BEST step tor the IS auditor to take?

AStart in the position immediately.

BStart in the position and inform the application owner of the job change.

CComplete the audit without disclosure and then start in the position.

DDisclose this issue to the appropriate parties.

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Question: 3

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accounts payable system?

AThe system produces daily payment summary reports that staff use to compare against invoice totals.

BPolicies and procedures are clearly communicated to all members of the accounts payable department.

CThe system only allows payments to vendors who are included in the system's master vendor list.

DBackups of the system and its data are performed on a nightly basis and tested periodically.

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Question: 4

Which of the following is the MOST important consideration when incorporating data analytics into an audit?

AAbility of the auditor to perform complex analysis

BAvailability and cost of the tools

CComplexity of the data and related audit process

DAvailability and quality of data

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Question: 5

Data analytics Tools are BEST suited for which of the following purposes?

AIdentifying business process errors

BQuantifying business impact analysis (BIA) results

CExamining low-frequency business transactions

DAnalyzing the effectiveness of risk assessment processes

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Isaca CISA Quiz:596 Topic:5 Questions:2976-2980