Question 1

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 refers to the careful and responsible management and oversight of assets or resources that are entrusted to one's care. In the context of business and management, it emphasizes the responsibility of managing the assets, finances, or resources of an organization in a way that is ethical, efficient, and aimed at achieving the best interests of the organization and its stakeholders.

Question 2

A system conversion method in which the system is broken into modules, or parts, which are phased in incrementally and over a longer period.
A)Direct cutover conversion
B)Phase-in conversion
C)Pilot conversion
D)Parallel conversion

Accepted Answer

The description provided fits the Phase-in conversion method, where the system is implemented in modules over a longer period. The other options do not fit the description, as Direct cutover involves an immediate switch to the new system, Pilot conversion involves using the new system in only a small portion of the organization, and Parallel conversion involves running both the old and new systems simultaneously.

Question 3

The most common way to test software is to use which of the following?
A)Test data
B)Parallel testing
C)Process conversion testing
D)Process testing

Accepted Answer

Test data is the most common way to test software as it involves inputting data into the software and observing the output to ensure it is correct. Parallel testing involves testing two versions of the software simultaneously and comparing the results, which is not as common. Process conversion testing and process testing are specific types of testing that may not be applicable or necessary for all software.

Question 4

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 it which the changes are processed.

Accepted Answer

The answer of Employee Ethical considerations, related to IT governance,...

Question 5

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 involves operating the system in only one or a few sub-units of the organization, allowing for a controlled testing phase before fully implementing the new system. This method can help identify and resolve any issues or errors before widespread implementation.

Question 6

When the manager of the primary users of the system is satisfied with the system, a (an)_____________________ will be executed.This process allows the project teams to receive user input and verify that meet user needs have been met.
A)System Conversion
B)Post-Implementation Acceptance
C)User Review
D)User Acceptance

Accepted Answer

User Acceptance is the process by which the primary users of a system formally accept the system as meeting their needs. This process typically involves a final review of the system by the users, and may include testing or other forms of validation to ensure that the system is working as intended. Once the users are satisfied with the system, they will formally accept it and the project can move forward with deployment or other final phases.

Question 7

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 are more related to IT security performance and risk management rather than IT performance, which typically focuses on the efficiency and effectiveness of IT operations, such as system uptime, load handling, and maintenance activities.

Question 8

Software Programming involves all of the following except:
A)Training Employees
B)Software Testing 
C)Data Conversion
D)Documenting the System

Accepted Answer

The answer of Software Programming involves all of the following...

Question 9

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

The three ethical obligations listed are all related to the consultant's behavior and actions towards the client, whereas D is related to the client's behavior and actions towards the new system. It is still important for the consultant to assist the client with learning and properly using the new system, but this is not an ethical obligation of the consultant.

Question 10

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 is typically determined during the testing and implementation phase of an IT project, not during the regular operation and monitoring phase. The other options (IT Security and Number of Security Problems, IT Customer Satisfaction, Downtime of IT System) are ongoing concerns that management would monitor through regular reports.

Question 11

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

The Post-Implementation Review is the process of reviewing the feasibility assessments and other estimates made during the project to ensure that the organization has learned from any mistakes made and can avoid those same errors in the future. The other options do not specifically address the review of the feasibility assessments and other estimates.

Question 12

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 continual and proper use of the IT governance committee and the SDLC primarily serve the major purposes of fulfilling ethical obligations, supporting the strategic management process of the organization, and establishing an effective internal control structure. The conversion of the system, while important, is not a major purpose served by these processes.

Question 13

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 out Internal audit outsourcing and financial information systems design and implementation. 
D)Providing fairness opinions and completing the external audit.

Accepted Answer

Internal audit outsourcing and financial information systems design and implementation are both considered non-attest services, which are allowed for CPA firms.

Quiz 5: IT Governance

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

A system conversion method in which the system is broken into modules, or parts, which are phased in incrementally and over a longer period.

The most common way to test software is to use which of the following?

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

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

When the manager of the primary users of the system is satisfied with the system, a (an) _____________________ will be executed.This process allows the project teams to receive user input and verify that meet user needs have been met.

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

Software Programming involves all of the following except:

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?

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 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.

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

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