Coso erm - Samenvattingen, Aantekeningen en Examens

FMEA - ACCURATE ANSWERS failure modes effects analysis BPM - ACCURATE ANSWERS business process modeling SPC - ACCURATE ANSWERS statistical process control cusum - ACCURATE ANSWERS cumulative summary. each value is added for a cummulative total. EL - ACCURATE ANSWERS expected loss BCP - ACCURATE ANSWERS business continuity planning CSF - ACCURATE ANSWERS critical success factor ERM - ACCURATE ANSWERS enterprise risk management RCSA - ACCURATE ANSWERS risk control self asse...

CFE - Fraud Risk Assessment Section Questions and Answers 100% Correct Under the ACFE Code of Professional Ethics, fraud examiners are strictly prohibited from accepting assignments to uncover fraud in a company in which they have a major interest. A. True B. False B (Article II of the ACFE Code of Professional Ethics states: "An ACFE Member shall not engage in any illegal or unethical conduct, or any activity which would constitute a conflict of interest that has not been properly disc...

Solutions Manual for Core Concepts of Accounting Information Systems, 14e Mark Simkin, James Worrell, Arline Savage (All Chapters). Table of Contents Chapter 1 Accounting Information Systems and the Accountant 1 1.1 Introduction: Why Study Accounting Information Systems? 1 1.2 Careers in Accounting Information Systems 2 Traditional Accounting Career Opportunities 2 Systems Consulting 2 Fraud Examiner or Forensic Accountant 3 Information Technology Auditing and Security 4 Predictive Analytics 5 1...

COSO & ERM & Mnemonics (2024) Passed!!

ERM COSO Exam Questions & Answers 2024/2025

The Committee of Sponsoring Organizations of the Treadway Commission correct answers What is COSO? A focused framework intended to ensure that enterprise risk management (ERM) is used in strategic planning and is embedded throughout the organization. correct answers What is the COSO ERM—Integrating with Strategy and Performance Framework? A framework to help a board of directors, management, and staff design and implement an effective system of internal control. correct answers What is t...

Functions performed by the loan officer are not properly segregated. correct answers A bank loan officer has responsibility for making credit decisions and funding and collecting the loans. A clerk is responsible for reconciling the accounts and posting transactions to the customer subsidiary records. Reconciliations have not been completed for four months. Previous reconciliations contained minor differences that were written off. Based on this scenario, what would the auditor's primary concer...

CRISC Exam Questions and Answers 100% Pass FMEA - Answer- failure modes effects analysis BPM - Answer- business process modeling SPC - Answer- statistical process control cusum - Answer- cumulative summary. each value is added for a cummulative total. EL - Answer- expected loss BCP - Answer- business continuity planning CSF - Answer- critical success factor ERM - Answer- enterprise risk management RCSA - Answer- risk control self assessment COSO - Answer- committee of sponsoring organi...

Maintaining backup copies of files, correcting data entry errors, and resubmitting transactions for subsequent processing are examples of what type of control? - ANS Corrective Control According to The Sarbanes-Oxley Act of 2002, the audit committee of the board of directors is directly responsible for - ANS hiring and firing external auditors Internal control is often referred to as a(n) ________, because it permeates an organization's operating activities and is an integ...

Solution Manual for Accounting Information Systems, 4th Edition by Vernon Richardson, Chengyee Chang, Rod Smith The COBIT 5 Framework - ANS-Describes best practices for the effective governance and management of IT: 1 Meeting stakeholder needs 2 Covering the enterprise end-to-end 3 Applying a single, integrated framework 4 Enabling a holistic approach 5 Separating governance from management **Five processes referred to as EDM (evaluate, direct and monitor) (Governance) What are t...