These Tests of Security Controls Analyze a Company's Control Environment

question 99

Multiple Choice

These tests of security controls analyze a company's control environment for possible weaknesses.Special software programs are available to help auditors identify weak points in a company's security measures.

• A)Authenticity tests
• B)Penetration tests
• C)Vulnerability assessments
• D)IT systems documentation

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Definitions:

Class Action Lawsuit

A legal action filed by one or several individuals on behalf of a larger group of people who are affected by the same issue.

General Purpose Financial Reporting

Financial statements prepared to meet the information needs of various stakeholders not directly involved in managing the entity.

IASB

The International Accounting Standards Board, an independent body responsible for the development and publication of International Financial Reporting Standards (IFRS).

FASB

The Financial Accounting Standards Board, which is responsible for developing accounting standards in the United States.