Chapter 13 MC Exam 2025 With 100%
Correct Answers
Based on SOX, which section is about internal controls? - CORRECT ANSWER✔✔Section 404
What are the components in the COSO 2013 internal framework? - CORRECT ANSWER✔✔Risk
assessment
control activities
control environment
monitoring
information and communication
Prenumbering source documents helps to verify that: - CORRECT ANSWER✔✔all transactions
have been recorded because the numerical sequence serves as a control
A field check is a(n) - CORRECT ANSWER✔✔preventive control
Which of the following is not an example of a batch total? Record count, hash total, exception
total, financial total - CORRECT ANSWER✔✔Exception total
What are 3 examples of batch totals? - CORRECT ANSWER✔✔financial total
hash total
record count
T/F? Backup is a preventive control - CORRECT ANSWER✔✔False
Correct Answers
Based on SOX, which section is about internal controls? - CORRECT ANSWER✔✔Section 404
What are the components in the COSO 2013 internal framework? - CORRECT ANSWER✔✔Risk
assessment
control activities
control environment
monitoring
information and communication
Prenumbering source documents helps to verify that: - CORRECT ANSWER✔✔all transactions
have been recorded because the numerical sequence serves as a control
A field check is a(n) - CORRECT ANSWER✔✔preventive control
Which of the following is not an example of a batch total? Record count, hash total, exception
total, financial total - CORRECT ANSWER✔✔Exception total
What are 3 examples of batch totals? - CORRECT ANSWER✔✔financial total
hash total
record count
T/F? Backup is a preventive control - CORRECT ANSWER✔✔False
