During the annual audit planning at GlobalTech Solutions, the audit manager is defining the scope and objectives for the upcoming year. Which of the following BEST describes the key objective of an IS audit strategy?

To provide sufficient evidence to support the audit opinion

To identify and report all system vulnerabilities to management.

To provide sufficient evidence to support the audit opinion

To confirm full compliance with all legal and regulatory frameworks.

To eliminate all IT environment risks by implementing new controls.

The audit committee at a multinational corporation is reviewing the IS audit function's mandate. Which of the following BEST describes the primary purpose of an IS audit charter?

To establish the authority, responsibility, and accountability of the IS audit function

To detail the annual audit schedule and timing of specific risk-based audits.

To list all systems to be audited and categorize them by their overall criticality.

To establish the authority, responsibility, and accountability of the IS audit function

To document detailed audit procedures and testing methodologies for specific tasks.

During an audit of a financial services firm's application development process, an IS auditor discovers that a senior developer has the credentials to both write new application code and deploy that code directly into the production environment. Which of the following represents the GREATEST risk created by this lack of segregation of duties (SoD)?

The developer could introduce unauthorized or malicious code into the live system without independent review.

A systems analyst is granted read-only access to production system logs for monitoring purposes.

A quality assurance tester has the ability to create and modify test data in the staging environment.

A database administrator is responsible for both performing and verifying database backups.

The developer could introduce unauthorized or malicious code into the live system without independent review.

An IS auditor is completing fieldwork for a Sarbanes-Oxley (SOX) 404 audit of a financial services company. The PRIMARY purpose of documenting the audit work is to:

Provide sufficient and appropriate evidence to support audit conclusions.

Create a training resource for new auditors joining the team.

Satisfy regulatory requirements for audit report filing and retention.

Comply with professional standards related to auditor independence.

Vista Healthcare LLC is implementing a new electronic health record (EHR) system. What is the PRIMARY purpose of establishing a comprehensive audit trail within the EHR system?

Provide accountability and enable reconstruction of events.

Improve system performance by identifying resource bottlenecks.

Provide accountability and enable reconstruction of events.

Reduce storage requirements by aggressively compressing audit logs.

Speed up processing of patient data through optimized indexing.

An IS auditor is planning an audit of a complex, multi-stage loan origination system. A key risk identified is the potential for incorrect interest rate calculations and data modifications between the initial application and final approval stages. To gather evidence on the integrity of data as it moves through these intermediate processing points, which audit technique would be the MOST appropriate?

Using the snapshot technique to capture data before and after critical processing stages.

Analyzing exception reports generated by the system's validation rules.

Re-performing calculations on a sample of transactions after they are completed.

Using the snapshot technique to capture data before and after critical processing stages.

Tracing all system log entries for a selection of high-value loan applications.

During a review of the IT strategic plan at a global logistics firm, the IS auditor notes that the plan outlines technology upgrades and infrastructure improvements but fails to address how these initiatives will support the company's primary objectives of reducing shipping times and expanding into new markets. When reviewing IT strategic planning, an IS auditor should be MOST concerned if:

The plan is not demonstrably linked to the overall business strategy and enterprise goals.

The plan covers a three-year horizon without a formal process for regular updates.

The plan is reviewed annually by the IT steering committee but without wider business stakeholder input.

The plan lacks specific key performance indicators (KPIs) for measuring IT's contribution to business value.

The plan is not demonstrably linked to the overall business strategy and enterprise goals.

An IS auditor is reviewing a Service Organization Control (SOC) 2 Type 2 report for a cloud storage provider. The report is intended to provide assurance to the provider's clients about its internal controls. Which of the following BEST describes the scope of criteria evaluated in this report?

Controls related to security, availability, processing integrity, confidentiality, and privacy.

Controls relevant to the user entities' internal control over financial reporting.

Controls related to security, availability, processing integrity, confidentiality, and privacy.

Controls focused exclusively on the prevention of unauthorized system access and data modification.

Controls ensuring compliance with specific data protection regulations like GDPR or CCPA.

NovaTech Inc. has experienced several IT project failures in the past year, resulting in significant financial losses and missed market opportunities. The GREATEST risk associated with a lack of IT governance is:

IT not supporting business objectives

Unnecessary IT spending due to redundant systems

Inefficient resource allocation impacting project timelines

Inability to adapt to changing business requirements

IT not supporting business objectives

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CISA1-CTopic: Findings and Recommendations

During an audit of a financial services firm, an IS auditor discovers that the quarterly user access review for the core trading application has not been performed for the last two quarters. This control is documented as critical for preventing unauthorized access. What should be the auditor's FIRST action?