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AUI3703 ASSIGNMENT 4 OF 2021
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AUI3703 ASSIGNMENT 4 SOLUTIONS 2021 SEMESTER 1 AND 2QUESTION 1
Question 1 (10 marks)
The following general and application controls are in place at Breakout Ltd:
a. The log of amendments to the debtor’s master file is reviewed by Charly Shine the
credit controller on a regular basis.
b. All programme changes to the revenue and receipts application software are approved
by, inter alia, the financial accountant.
c. To download a daily bank statement over the internet, Themba Solomon must, in
addition to entering her user ID and password, enter an additional PIN provided by the
bank.
d. Backup copies of all master files should be stored offsite.
e. Employees in the revenue and receipts cycle are provided with written summaries of
changes in legislation pertaining to their functions on a regular basis, for example
changes to the Consumer Protection Act and the VAT Act.
f. For compiling an internal sales order, write access to the sales order module is restricted
(by passwords and user profiles) to the two sales order clerks.
g. If the sales order clerk does not enter a “quantity” in the quantity ordered field, he
cannot proceed with processing the sales order.
h. In terms of company policy, if any employee discloses his confidential password to
another employee, disciplinary action is taken against the employee.
i. Breakout (Pty) Ltd is registered with Checkitfirst (Pty) Ltd, an online credit bureau.
The password required to enter the site is known only to Charly Shine and his assistant.
j. Breakout (Pty) Ltd IT systems are protected by the use of antivirus software.
, REQUIRED MARKS
1.1 Indicate whether each of the above (a to j) is a general control or an (10)
application control.
A.general control
B.general control
C. application control
D.general control
E.general control
F. application control
G. application control
H.general control
I.general control
j.general control
QUESTION 2
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