Which of the Following Is an Information Systems Audit Review

question 60

Multiple Choice

Which of the following is an information systems audit review procedure?

• A)Verify the extent and effectiveness of encryption.
• B)Inspect computer sites.
• C)Test assignment procedures for user IDs.
• D)Observe the preparation of backup files.

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Definitions:

Perpetuity

A type of financial instrument that pays a fixed sum to the holder indefinitely, without a maturity date.

Yearly Payment

An amount of money that is paid once every year, often related to loans, leases, or other financial agreements.

Interest Rate

The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal.

Coupon Bond

A bond that entitles the holder to receive periodic interest payments (coupons) and the principal back at maturity.