Which of the Following Is Not One of the Six

question 90

Multiple Choice

Which of the following is not one of the six objectives of an information systems audit?

• A)Security provisions exist to protect data from unauthorized access,modification,or destruction.
• B)Obtaining evidence to provide reasonable assurance the financial statements are not materially misstated
• C)Programs have been developed and acquired in accordance with management's authorization.
• D)Program modifications have received management's authorization and approval.

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Definitions:

Prepaid Rent

An asset account that records rent payments made in advance for the use of property or space that hasn’t yet been incurred.

Adjusting Entry

An entry made in the journals to align the accounts with the true financial status by accounting for accrued or deferred items.

Net Income

A measure of profitability that calculates the total revenue minus total expenses, taxes, and costs.

Book Value

The net value of a company's assets, excluding intangible assets, as recorded on the balance sheet, often compared to the company's market value.