Lesson 4 hw

Lesson 4 Homework

100 points total

Due : Tuesday October 18th, 11:59PM

1. [25 points] Describe what a Data Flow Diagram is and why it is useful for IT auditing. One paragraph should describe what a Data Flow Diagram is, and the second paragraph should describe why it is useful for IT auditing.

2. [25 points] In one paragraph, what are CAATs and what benefits do they provide to IT auditors?

3. [25 points] CAATs are known to assist auditors in defining sample size and selecting a sample for testing purposes. Describe two techniques used by CAATs to define sample size and select the sample. One paragraph for each technique.

4. [25 points] Explain the importance of flowcharting as an audit analysis tool in one paragraph.