ExpertMedium1 markMultiple Choice
CPA · Question 56 · Area I: Information Systems
An auditor is evaluating the 'Completeness' of data transfer from a legacy system to a new ERP. Which technique is MOST effective?
An auditor is evaluating the 'Completeness' of data transfer from a legacy system to a new ERP. Which technique is MOST effective?
Answer options:
A.
Record counts and Hash totals
B.
Limit checks
C.
Check digits
D.
Validity checks
How to approach this question
Completeness = Did we lose anything? Count them.
Full Answer
A.Record counts and Hash totals✓ Correct
Record counts (counting the number of rows) and Hash totals (summing a non-financial field like Customer ID) are primary controls to ensure that the exact volume of data sent was received, verifying completeness.
Common mistakes
Selecting input validation controls (Limit/Check digit) instead of batch controls.
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