ISC Mini Exam 2025 With 100% Correct
Answers
Which of the following statements is true regarding the assessment of materiality in a SOC
engagement?
A.
Materiality does not need to be assessed in a SOC engagement.
B.
An initial materiality assessment must be assessed in a SOC engagement; no reassessment is
necessary during the engagement regardless of new information obtained.
C.
A materiality assessment in a SOC engagement is required to determine the nature, timing, and
extent of procedures necessary to support an opinion.
D.
A materiality assessment in a SOC engagement should be primarily based on quantitative
information derived from a service organization's financial statements. - CORRECT
ANSWER✔✔C
Kidell Global Inc. provides digital consulting services to clients around the country and handles
sensitive information from its clients. While in the ordinary course of business, Kidell Global Inc.
fell victim to a cyberattack where attackers held sensitive client information for a ransom
payment. Which of the following common insurable losses under a cyber insurance policy most
likely would cover the relevant ransom negotiation damages from this cyberattack?
A.
Information and identity theft
B.
Replacement costs for information systems
C.
,Cyber extortion losses
D.
Litigation and attorney fees - CORRECT ANSWER✔✔C
In which type of SOC report would management's assertion include a statement that
management's description of the service organization's system presents the service
organization's system that was designed and implemented in accordance with the description
criteria as of a specified date?
A.
SOC 1® Type 2
B.
SOC 2® Type 1
C.
SOC 3® Type 1
D.
SOC 2® Type 2 - CORRECT ANSWER✔✔B
Which of the following is an important part of minimizing security threats working in
conjunction with vulnerability management solutions?
A.
NIST
B.
Least privilege
C.
COSO
D.
Patch management - CORRECT ANSWER✔✔D
, Rathway Audit Consultants is engaged as a service auditor to perform a SOC 2® Type 2
engagement for their client, a payroll processing company. In performing a walk-through of the
process to review and report payroll information back to their customers, Rathway's evaluation
included some significant concerns about the competency of the individuals in the team
performing the final review. The competency of the individuals in the team performing the final
review would be most relevant to a concern about which of the following?
A.
The design of controls
B.
The implementation of controls
C.
The service organization's description of the system
D.
The competency of the team is not a concern due to monitoring activities - CORRECT
ANSWER✔✔A
Which of the following would likely be considered the biggest risk to confidential information
when deleting/purging confidential information from storage devices?
A.
When data is removed, a residual magnetic flux or imprint may remain on storage devices
where tools can reverse the effects of wiping.
B.
When data is removed, using heat to change the chemical construct of data may restrict use or
access to the storage device.
C.
When data is removed, changing the chemical composition of the data through pressure or
shredding may make the device unusable.
D.
Answers
Which of the following statements is true regarding the assessment of materiality in a SOC
engagement?
A.
Materiality does not need to be assessed in a SOC engagement.
B.
An initial materiality assessment must be assessed in a SOC engagement; no reassessment is
necessary during the engagement regardless of new information obtained.
C.
A materiality assessment in a SOC engagement is required to determine the nature, timing, and
extent of procedures necessary to support an opinion.
D.
A materiality assessment in a SOC engagement should be primarily based on quantitative
information derived from a service organization's financial statements. - CORRECT
ANSWER✔✔C
Kidell Global Inc. provides digital consulting services to clients around the country and handles
sensitive information from its clients. While in the ordinary course of business, Kidell Global Inc.
fell victim to a cyberattack where attackers held sensitive client information for a ransom
payment. Which of the following common insurable losses under a cyber insurance policy most
likely would cover the relevant ransom negotiation damages from this cyberattack?
A.
Information and identity theft
B.
Replacement costs for information systems
C.
,Cyber extortion losses
D.
Litigation and attorney fees - CORRECT ANSWER✔✔C
In which type of SOC report would management's assertion include a statement that
management's description of the service organization's system presents the service
organization's system that was designed and implemented in accordance with the description
criteria as of a specified date?
A.
SOC 1® Type 2
B.
SOC 2® Type 1
C.
SOC 3® Type 1
D.
SOC 2® Type 2 - CORRECT ANSWER✔✔B
Which of the following is an important part of minimizing security threats working in
conjunction with vulnerability management solutions?
A.
NIST
B.
Least privilege
C.
COSO
D.
Patch management - CORRECT ANSWER✔✔D
, Rathway Audit Consultants is engaged as a service auditor to perform a SOC 2® Type 2
engagement for their client, a payroll processing company. In performing a walk-through of the
process to review and report payroll information back to their customers, Rathway's evaluation
included some significant concerns about the competency of the individuals in the team
performing the final review. The competency of the individuals in the team performing the final
review would be most relevant to a concern about which of the following?
A.
The design of controls
B.
The implementation of controls
C.
The service organization's description of the system
D.
The competency of the team is not a concern due to monitoring activities - CORRECT
ANSWER✔✔A
Which of the following would likely be considered the biggest risk to confidential information
when deleting/purging confidential information from storage devices?
A.
When data is removed, a residual magnetic flux or imprint may remain on storage devices
where tools can reverse the effects of wiping.
B.
When data is removed, using heat to change the chemical construct of data may restrict use or
access to the storage device.
C.
When data is removed, changing the chemical composition of the data through pressure or
shredding may make the device unusable.
D.
