What Is the Purpose of an Information Systems Audit

question 43

Multiple Choice

What is the purpose of an information systems audit?

• A)To determine the inherent risk factors found in the system.
• B)To review and evaluate the internal controls that protect the system.
• C)To examine the reliability and integrity of accounting records.
• D)To examine whether resources have been used in an economical and efficient manner in keeping with organization goals and objectives.

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Definitions:

Statute of Frauds

A legal concept that requires certain contracts to be in writing and signed by all parties involved to be enforceable.

Oral Contract

An agreement between parties that is not written but is fully valid and enforceable if it meets certain legal criteria.

Interest in Land

Interest in land refers to legal rights over property, including ownership, use, or other financial benefits associated with real estate.

Statute of Frauds

A legal concept requiring certain types of contracts to be executed in writing and signed by all parties involved, in order to be enforceable.