COLLEGE OF BUSINESS AND ACCOUNTANCY

COMPUTER ACCOUNTING 2
FINAL EXAMINATION

May 16, 2016

MONDAY, 9:30AM-11:30AM

Name:
I. Enumeration
1-3. Involvement of Accountants in the systems development life cycle
4-7. Factors that stimulate the growth of the commercial software market
8-15. Phases of the systems development life cycle
16-17. Purpose of the project proposal
18-19. Conceptual systems design approaches
20-22. Site preparation costs
23-25. Audit objectives related to systems maintenance
26-30. Typical contents of a run manual
31-33. Advantages of the test data technique
34-35. Advantages of the integrated test facility
36-38. Disadvantages of test data techniques
39-40. Exposures that cause the interception of the output message
41-42. Exposures dealt by print program controls
43-45. Advantages of the generalized data input systems
46-47. You are given a bonus of fifty points, just secure the remaining fifty. keep quiet
48-50. Three common error handling techniques
51-52. Documents needed to accomplish the batch control objectives
53-60. Common types of field interrogation
61-66. Financial fraud schemes
67-70. Auditor's response when the fraud has a material effect on the financial statements
71-75. Conditions of a fraudulent act
76-78. Three levels of computer ethics
79-82. Risk factors in fraudulent financial reporting
83-87. Characteristics of information generation
88-90. Program fraud techniques
II. Differentiate the following:
1. Balance forward method from open invoice method
2. Employee fraud from management fraud
3. Black-box approach from white-box approach
4. Record interrogation from file interrogation
5. Cold turkey cutover from phased cutover