Cisa planning set 2 - Study guides, Class notes & Summaries

CISA- Planning- Set 2 Exam (elaborations) Questions & answers | latest update version 2024 | Verified 100% Correct Explations | Already Passed Graded A+| Actual Complete Solution - DISTINCTION GUARANTEED

Exam 2 - Auditing and Assurance correctly answered 100% 2023Cycles - correct answer To simplify the audit plan, auditors typically group the counts into _______________. A set of accounts that are logically grouped in the internal control system, which has been designed to produce the financial statements and notes. - correct answer What is a cycle? Revenue and collection Acquisition and expenditure Production Finance and investment - correct answer What are the 4 cycles audit firms rec...

CISA EXAM 1|45 Questions with Verified Answers 1. An IS auditor should expect which of the following items to be included in the request for proposal (RFP) when IS is procuring services from an independent service provider (ISP)? A References from other customers B Service level agreement (SLA) template C Maintenance agreement D Conversion plan - CORRECT ANSWER The answer is A An IS auditor should look for an independent verification that the ISP can perform the tasks being ...

CISA Review Manual 27th Edition Chapter 1 Exam 25 Questions with Verified Answers Examples of why audits are conducted? - CORRECT ANSWER 1. Help an organization ensure effective operations 2. Affirm its compliance with various regulations 3. Confirm that the business is functioning well 4. Prepared to meet potential challenges 5. Assure stakeholders of the financial, operational, and ethical well-being of the organization What is IS Audit? - CORRECT ANSWER The formal examinatio...

CISA Exam 318 Questions with Verified Answers 5 Tasks within the domain covering the process of auditing information systems - CORRECT ANSWER 1. Develop and implement a risk-based IT audit strategy in compliance with IT audit standards to ensure that key areas are included 2. Plan specific audits to determine whether information systems are protected, controlled and provided value to the organization 3. Conduct audits in accordance with IT audit standards to achieve planned audit objectives...

Class 10 Information Systems Auditing Exam 31 Questions with Verified Answers ISACA - CORRECT ANSWER - Information Systems Audit and Control Association •Founded 1969. •An independent, nonprofit, global association that engages in the development, adoption and use of globally accepted, industry leading knowledge and practices for information systems •Provides practical guidance, benchmarks and tools for enterprises that use information systems •It defines the role of governance, s...

CISA Flashcards Protection of Information Assets Exam 99 Questions with Verified Answers Define the following terms: decompiling, modular stage, due care, negligence, basic care, ordinary care, and extraordinary care. - CORRECT ANSWER Decompiling is the act of dividing a large auditing task into smaller audits so that all objectives and requirements can be met Modular stage is a type of audit created by decompiling. Due care is the degree of care for a client that auditors must demonstrate w...

CISA ISACA (Cht. 1) Practice Questions and Answers (100% Pass) Audit Charter - Answer️️ -An overarching document that covers the entire scope of the audit activities in an entity. (Purpose, responsibility, authority, and accountability). An engagement letter is more focused on a particular audit exercise that is sought to be initiated in an organization with a specific objective in mind. When does audit planning occur? What factors should be taken into account in the analysis? - Answe...

CISA Domain 2 Governance and Management of IT Exam 68 Questions with Verified Answers Governance of IT Enterprise (GEIT) - CORRECT ANSWER system in which ALL stakeholders (including board, senior management, internal customers and departments) provide input into decison making process about the use of IT resources on behalf of stakeholders who expect interests to be met responsibility of Board of directors and exec management Concerned with: IT delivering value to the business AND IT...

CISA Chapter 2 Exam 218 Questions with Verified Answers Organizations should define IT strategies, policies, standards and operating procedures in line with... - CORRECT ANSWER organizational goals and objectives In order to provide assurance to stakeholders that IT services are aligned with the business vision, mission and objectives, top management should implement... - CORRECT ANSWER an IT governance framework The committees, made up of _____________ will examine and approve the IT s...