AUDITING-CIS ENVIRONMENT-PRIFINAL

QUIZ 1

TRUE

Practitioners who have specific information about the existence of an irregularity or illegal act have an
obligation to report it.-TRUE

Failure to comply with the Code of Professional Ethics can result in an investigation into a member’s or
certification holder’s conduct and, ultimately, in disciplinary measures- TRUE

Practitioners should inform management and those charged with governance if they have identified
situations in which there is a higher level of risk for a potential irregularity or illegal act, even if none is
detected-TRUE

FALSE

Trademarks protects invention 20 years from date of application.-FALSE

Ethical codes of conduct serve to define unacceptable behavior for relevant parties-FALSE

Practitioners are responsible for the prevention or detection of irregularities or illegal acts. FALSE

Copyrights of literary and artistic work offers protection from creation of work until the end of euthors
life plus 30 years. -FALSE

All people will act ethically under all circumstances, as social-economic, political and other pressures can
drive “good” people to do “bad” things-FALSE

An intention violation of corporate policies or regulatory requirements- IRREGUALR ACT

An act of doing that which is required by a contract- PERFORMANCE

Ta assess the strength and effectiveness of controls design to protect personally identifiable information
in organizations-IT AUDITOR’S ROLE IN PRIVACY

Provide legal guidance that helps recognize the vital role of information and communications technology
and seeks to act on its inherent obligation of ensuring that personal information in information and
communication systems in the government and in the private sector are secured and protected- R.A.
10173 AND R.A. 8792

Something of value given to someone in return for goods, services, or some other promise-
CONSIDERATION

Willful violations of laws or governmental regulations-ILLEGAL ACT

Set by legislative action- STATUTORY LAW

An agreement with specific terms between two or more persons or entities in which there is a promise
to do something in return for a valuable benefit known as consideration- LEGAL CONTRACTS

Practitioners should communicate the detection of irregularities and illegal acts to the appropriate
people in the enterprise in writing or orally and in a timely manner-INTERNAL REPORTING

An attitude that includes a questioning mind, being alert to conditions that may indicate possible
misstatement due to fraud or error, and a critical assessment of audit evidence- PROFESSIONAL
SKEPTICISM

Creations of the mind, such as inventions, literary and artistic works, design, symbols, names ad images
used in commerce-INTELLECTUAL PORPERTY

A promise made by one person to obtain a promise from another person- OFFER

QUIZ 2

TRUE

In layman’s terms, a person is said to be falsifying a trademark when he/she makes a similar trademark
or makes deceptively similar mark without taking the permission or assent of the real owner of the
trademark- TRUE

To get a patent, technical information about the invention must be disclosed to the public in a patent
application- TRUE

Prevents employee from working for other companies in connection with the design or sale of a
competitive product- NON-COMPETE AGREEMENT

An act performed by a knowledgeable computer user, sometimes called a “hacker”. That illegally
browses or steals a company’s or individual’s private information- COMPUTER CRIME

It can refer to personal property which is any property that is not real property (Land or buildings) or
affixed to real property- INDIVISUAL PROPERTY, PERSONAL PROPERTY, OR PRIVATE PROPERTY

An exclusive right granted for an invention, which is a product or a process that provides, in general, a
new way of doing something or offers a new technical solution to a problem- PATENT

Includes formulas, practices, processes, designs, instruments, patterns, or compilation of information

which is not generally known or reasonably ascertainable, by which a business can obtain an economic
advantage over competitors or customers- TRADE SECRET AGREEMENT

Employee agrees not to divulge confidential information- CONFIDENTIALITY AGREEMENT

A form of intellectual property that includes inventions, patents, trademarks, industries designs, and
geographical indications of source (I.e., products that are closely identified with their geographical
places of origin). INDUSTRIAL PROPERTY

Prevents employees from claiming the discovery as their own property- DISCOVERY AGREEMENT

QUIZ 3
Ethical codes of conduct serve to reflect a mark of occupational immaturity- FALSE

Statement A: Not all people will act ethically under all circumstances, as social-economic, political and
other pressures can drive “good” people to do “bad” things.

Statement B: All people will act ethically under all circumstance, as social-economic, political and other
pressures can drive “good” people to do “bad” things

Answer: ONLY STATEMENT A IS TRUE

Statement A: Practitioners are not responsible for the prevention or detection of irregularities or illegal
acts. An audit engagement cannot guarantee that irregularities will be detected

Statement B: Practitioners should inform management and those charged with governance if they have
identified situations in which there is a higher level of risk for a potential irregularity or illegal act, even if
none is detected.

Answer: BOTH STATEMENT ARE TRUE

The following are ethical standards of ISACA, except, - ALL OF THESE ARE ISACA ETHICAL STANDARDS

Developed a code of professional ethics applicable to its members and those who hold the designation
of CISA (Certified Information System Auditor) -INFORMATION SYSTEMS AUDIT AND CONTROL
ASSOCIATION

Skills, knowledge and attributes that are specifically valued by the professional associations,
organizations and bodies connected to your future career. - PROFESSIONAL COMPETENCE

Effective privacy program may include all of the following, except- INVESTMENT PLANNING

A distinctive images (symbols, pictures, words)- TRADEMARK

Imposes a responsibility upon each professional within an independent auditor’s organization to

observe the standards of field work and reporting. - DUE PROFESSIONAL CARE

The following are types of discoveries that can receive patents, except – METHOD OF DOING NOTHING

LONGQUIZ

Employee agrees not to divulge confidential information- CONFIDENTIALITY AGREEMENT

Prevents employee from working for other companies in connection with the design or sale of a
competitive product- NON-COMPETE AGREEMENT

Creations of the mind, such as inventions, literary and artistic works, design, symbols, names, and
images used I commerce- INTELLECTUAL PROPERTY

To get a patent, technical information about the invention must be disclosed to the public in a patent
application- TRUE

Willful violations of laws or governmental regulations- ILLEGAL ACT

A promise made by one person to obtain a promise from another person- OFFER

An act of doing that which is required by a contract- PERFORMANCE