1 for specific request mail
ACCT 4240A Chapter 13 Accounting Information
Systems and Internal Controls Questions and
Correct Answers | Latest Update
Organizations derive their code of ______ from cultural values, societal
traditions, and personal attitudes on issues of right and wrong.
Ans: ethics / ethic
Which of the following professional organizations have a code of ethics?
(Select all that apply)
Assignment Expert
-IIA
-AICPA
Guru01 - Stuvia
-IMA
-AAA
2026
-ISACA
©
Ans: -IIA
-AICPA
-IMA
-ISACA
PCAOB stands for ______ ______ ______ _____ board.
Ans: -Public
-Company
-Accounting
-Oversight
, 2 for specific request mail
What are the main purposes of corporate governance? (Select all that
apply)
-To identify approaches to manage disgruntled employees
-To protect the interests of a firm's stakeholders
-To promote accountability and transparency in a firm's operations
-To encourage the efficient use of the resources a firm has
Ans: -To protect the interests of a firm's stakeholders
Assignment Expert
-To promote accountability and transparency in a firm's operations
-To encourage the efficient use of the resources a firm has
Guru01 - Stuvia
Requiring a signed source document before recording a transaction is a
_______ control.
2026
-detective
-preventive
©
-corrective
Ans: preventive
True or false: Integrity and individual ethics are formed through a
person's life experience.
Ans: True.
Reason: Integrity and individual ethics are formed through a person's life
experience.
_______ controls find problems when they arise.
Ans: Detective
, 3 for specific request mail
Identify professional organizations that the accounting profession is
involved in.
AICPA <->
IMA <->
IIA <->
ISACA <->
This organization is for internal auditors.
Assignment Expert
This organization is for public accountants.
This organization is for management accountants.
Guru01 - Stuvia
This organization is for information systems auditors.
Ans: AICPA <-> This organization is for public accountants.
2026
IMA <-> This organization is for management accountants.
IIA <-> This organization is for internal auditors.
©
ISACA <-> This organization is for information systems auditors.
Corrective controls fix problems that have been identified, such as using
______ files to recover corrupted data.
Ans: backup
What is the impact of Sarbanes-Oxley Act 2002 (SOX) on the accounting
profession?
-SOX is perceived by the accounting profession as decreasing oversight
over companies' efficiency in operations.
-Under SOX, the PCAOB replaces AICPA to issue audit standards.
, 4 for specific request mail
-SOX established the PCAOB to regulate and audit public accounting
firms.
Ans: -Under SOX, the PCAOB replaces AICPA to issue audit standards.
-SOX established the PCAOB to regulate and audit public accounting
firms.
Define each type of controls properly.
General controls <->
Application controls <->
Assignment Expert
Preventive <->
Guru01 - Stuvia
Detective <->
Corrective <->
2026
-Internal controls deter problems before they arise
-Internal controls find problems when they arise
©
-Internal controls pertain to enterprise wide issues
-Internal controls specific to a subsystem or an application
-Internal controls fix problems that have been identified
Ans: -General controls <-> Internal controls pertain to enterprise wide
issues
-Application controls <-> Internal controls specific to a subsystem or an
application
-Preventive <-> Internal controls deter problems before they arise
-Detective <-> Internal controls find problems when they arise
-Corrective <-> Internal controls fix problems that have been identified
ACCT 4240A Chapter 13 Accounting Information
Systems and Internal Controls Questions and
Correct Answers | Latest Update
Organizations derive their code of ______ from cultural values, societal
traditions, and personal attitudes on issues of right and wrong.
Ans: ethics / ethic
Which of the following professional organizations have a code of ethics?
(Select all that apply)
Assignment Expert
-IIA
-AICPA
Guru01 - Stuvia
-IMA
-AAA
2026
-ISACA
©
Ans: -IIA
-AICPA
-IMA
-ISACA
PCAOB stands for ______ ______ ______ _____ board.
Ans: -Public
-Company
-Accounting
-Oversight
, 2 for specific request mail
What are the main purposes of corporate governance? (Select all that
apply)
-To identify approaches to manage disgruntled employees
-To protect the interests of a firm's stakeholders
-To promote accountability and transparency in a firm's operations
-To encourage the efficient use of the resources a firm has
Ans: -To protect the interests of a firm's stakeholders
Assignment Expert
-To promote accountability and transparency in a firm's operations
-To encourage the efficient use of the resources a firm has
Guru01 - Stuvia
Requiring a signed source document before recording a transaction is a
_______ control.
2026
-detective
-preventive
©
-corrective
Ans: preventive
True or false: Integrity and individual ethics are formed through a
person's life experience.
Ans: True.
Reason: Integrity and individual ethics are formed through a person's life
experience.
_______ controls find problems when they arise.
Ans: Detective
, 3 for specific request mail
Identify professional organizations that the accounting profession is
involved in.
AICPA <->
IMA <->
IIA <->
ISACA <->
This organization is for internal auditors.
Assignment Expert
This organization is for public accountants.
This organization is for management accountants.
Guru01 - Stuvia
This organization is for information systems auditors.
Ans: AICPA <-> This organization is for public accountants.
2026
IMA <-> This organization is for management accountants.
IIA <-> This organization is for internal auditors.
©
ISACA <-> This organization is for information systems auditors.
Corrective controls fix problems that have been identified, such as using
______ files to recover corrupted data.
Ans: backup
What is the impact of Sarbanes-Oxley Act 2002 (SOX) on the accounting
profession?
-SOX is perceived by the accounting profession as decreasing oversight
over companies' efficiency in operations.
-Under SOX, the PCAOB replaces AICPA to issue audit standards.
, 4 for specific request mail
-SOX established the PCAOB to regulate and audit public accounting
firms.
Ans: -Under SOX, the PCAOB replaces AICPA to issue audit standards.
-SOX established the PCAOB to regulate and audit public accounting
firms.
Define each type of controls properly.
General controls <->
Application controls <->
Assignment Expert
Preventive <->
Guru01 - Stuvia
Detective <->
Corrective <->
2026
-Internal controls deter problems before they arise
-Internal controls find problems when they arise
©
-Internal controls pertain to enterprise wide issues
-Internal controls specific to a subsystem or an application
-Internal controls fix problems that have been identified
Ans: -General controls <-> Internal controls pertain to enterprise wide
issues
-Application controls <-> Internal controls specific to a subsystem or an
application
-Preventive <-> Internal controls deter problems before they arise
-Detective <-> Internal controls find problems when they arise
-Corrective <-> Internal controls fix problems that have been identified
