Question 1

The systems development life cycle is responsible for the oversight and management of the IT governance committee.

Accepted Answer

The systems development life cycle is a framework for developing information systems, while IT governance involves the establishment of decision rights and accountability for IT resources and capabilities. While the two may be related, the SDLC is not responsible for the oversight and management of the IT governance committee.

Question 2

It is likely that the IT governance committee will go back through the phases of the SDLC to design new and improved IT systems.

Accepted Answer

Going back through the phases of the SDLC (such as analysis, design, implementation, and maintenance) is a common approach to improving IT systems and ensuring effective IT governance.

Question 3

When an organization hires consultants to assist with any phase or any phases of the SDLC, there are at least four ethical obligations.Which of the following is not one of those obligations?
A)Bid the engagement fairly, and completely disclose the terms of potential cost increases.
B)Bill time accurately to the client and do not inflate time billed.
C)Do not oversell unnecessary services or systems to the client.
D)Make an honest effort to participate, learn the new system processes, and properly use the new system.

Accepted Answer

Make an honest effort to participate, learn the new system processes, and properly use the new system.

Question 4

When the manager of the primary users of the system is satisfied with the system, an acceptance agreement will be signed , the enforce of which makes it much more likely that project teams will seek user input and that the project team will work hard to meet user needs.
A)System Conversion
B)Post-Implementation Acceptance
C)Usr Review
D)User Acceptance

Accepted Answer

User Acceptance

Question 5

Which of the following is not a part of IT performance?
A)IT load usage and excess capacity
B)Downtime of IT systems
C)Maintenance hours on IT systems
D)IT security and breach issues

Accepted Answer

IT security and breach issues

Question 6

A review of the feasibility assessments and other estimates made during the projects, the purpose of which is to help the organization learn from any mistakes that were made and help the company avoid those same errors in the future.
A)System Design Life Cycle
B)Post-Implementation Review
C)User Acceptance
D)System Conversion Review

Accepted Answer

Post-Implementation Review

Question 7

Either the IT governance or the system development life cycle is necessary in the strategic management of IT systems.

Accepted Answer

The answer of Either the IT governance or the system...

Question 8

The IT governance committee should constantly assess the long-term strategy of the company and determine the type of IT systems to purchase, develop and use.

Accepted Answer

The IT governance committee plays a key role in determining the long-term IT strategy of the company and deciding which IT systems to purchase, develop or use to achieve those strategic objectives. Constant assessment of the long-term strategy is essential to ensure IT investments align with the company's overall goals and objectives.

Question 9

IT governance is an issue for executives and top management.Lower level managers and the board of directors are outsiders in the process.

Accepted Answer

IT governance involves all levels of management and the board of directors, not just executives and top management. It is important for all stakeholders in an organization to be involved in the IT governance process.

Question 10

Which of the following relationships would be allowed for a CPA firm?
A)Offering IT consulting services and completing the external audit.
B)Completing the external audit and maintaining the bookkeeping work.
C)Internal audit outsourcing and financial information systems design and implementation.
D)Providing fairness opinions and completing the external audit.
TEST BANK - CHAPTER 5 - TRUE / FALSE

Accepted Answer

Internal audit outsourcing and financial information systems design and implementation.

Question 11

In order to meets it obligation of corporate governance, the board of directors must oversee IT.

Accepted Answer

Corporate governance requires oversight of all aspects of a company, including IT. Therefore, the board of directors must oversee IT to fulfill their obligation of corporate governance.

Question 12

Once the systems development life cycle SDLC) is complete, it is not necessary to restart the cycle unless something is brought to the attention of the IT governance committee to indicate that another cycle is required.

Accepted Answer

Even after the completion of SDLC, it may be necessary to restart the cycle due to changes in business requirements or technology advancements, or any other reasons identified by the IT governance committee. Therefore, it is not a one-time process and may require iterative cycles.

Question 13

Once the system development life cycle has determined the priority it places on IT systems, the IT governance committee will manage the development, implementation, and use of the systems.

Accepted Answer

The answer of Once the system development life cycle has...

Question 14

Employee Ethical considerations, related to IT governance, would include which of the following?
A)Maintain a set of processes and procedures that assure accurate and complete records.
B)Confidentiality for those who serve on the project teams.
C)Not to disclose proprietary information from the company to clients.
D)Carefully consider the impact of system changes and to be ethical in the manner in which the changes are processed.

Accepted Answer

Confidentiality for those who serve on the project teams.

Question 15

Accounting software was often not available in the early days of computers which required that the organization would develop, program, and implement their in-house accounting software.

Accepted Answer

This statement is true. Accounting software was not widely available when computers were first introduced, so many organizations had to create their own software.

Question 16

A system conversion method in which the system is operated in only one or a few sub-units of the organization.
A)Direct cutover conversion
B)Phase-in conversion
C)Pilot conversion
D)Parallel conversion

Accepted Answer

Pilot conversion

Question 17

During the operation of an IT system, it is necessary that regular reports are received by management to monitor the performance of the system.These reports would include all of the following, except:
A)IT Security and Number of Security Problems
B)IT Customer Satisfaction
C)Downtime of IT System
D)User Acceptance of the IT System

Accepted Answer

User Acceptance of the IT System

Question 18

Which of the following is not a major purpose served by the continual and proper use of the IT governance committee and the SDLC?
A)The fulfillment of ethical obligations
B)The strategic management process of the organization
C)The conversion of the system
D)The internal control structure of the organization

Accepted Answer

The conversion of the system

Question 19

In order to match company strategy to IT systems, the company needs to have an IT governance committee and a formal process to select, design, and implement IT systems.

Accepted Answer

Having an IT governance committee and a formal process for selecting, designing, and implementing IT systems ensures that company strategy aligns with IT systems and helps to prioritize IT initiatives.

Question 20

The careful and responsible oversight and use by management of the assets entrusted to management is called:
A)IT Governance
B)Stewardship
C)Fiduciary Control
D)System Access

Accepted Answer

Stewardship

Quiz 5: IT Governance

The systems development life cycle is responsible for the oversight and management of the IT governance committee.

It is likely that the IT governance committee will go back through the phases of the SDLC to design new and improved IT systems.

When an organization hires consultants to assist with any phase or any phases of the SDLC, there are at least four ethical obligations.Which of the following is not one of those obligations?

When the manager of the primary users of the system is satisfied with the system, an acceptance agreement will be signed , the enforce of which makes it much more likely that project teams will seek user input and that the project team will work hard to meet user needs.

Which of the following is not a part of IT performance?

A review of the feasibility assessments and other estimates made during the projects, the purpose of which is to help the organization learn from any mistakes that were made and help the company avoid those same errors in the future.

Either the IT governance or the system development life cycle is necessary in the strategic management of IT systems.

The IT governance committee should constantly assess the long-term strategy of the company and determine the type of IT systems to purchase, develop and use.

IT governance is an issue for executives and top management.Lower level managers and the board of directors are outsiders in the process.

Which of the following relationships would be allowed for a CPA firm?

In order to meets it obligation of corporate governance, the board of directors must oversee IT.

Once the systems development life cycle SDLC) is complete, it is not necessary to restart the cycle unless something is brought to the attention of the IT governance committee to indicate that another cycle is required.

Once the system development life cycle has determined the priority it places on IT systems, the IT governance committee will manage the development, implementation, and use of the systems.

Employee Ethical considerations, related to IT governance, would include which of the following?

Accounting software was often not available in the early days of computers which required that the organization would develop, program, and implement their in-house accounting software.

A system conversion method in which the system is operated in only one or a few sub-units of the organization.

During the operation of an IT system, it is necessary that regular reports are received by management to monitor the performance of the system.These reports would include all of the following, except:

Which of the following is not a major purpose served by the continual and proper use of the IT governance committee and the SDLC?

In order to match company strategy to IT systems, the company needs to have an IT governance committee and a formal process to select, design, and implement IT systems.

The careful and responsible oversight and use by management of the assets entrusted to management is called: