Practice MCQs-Set 3
CA Exam –
Chartered Accountant Study - CA Inter – Practice Questions – Enterprise
Information System (EIS) - Multiple Choice Questions - MCQs
Practice MCQs -Set 3
(1)Which
of the following is not the objectives of business process automation?
(a)stability
(b)confidentiality
(c)integrity
(d)availability
Answer: (a)stability
(2)Which
of the following is not the category of business process?
(a)operational process
(b)functional
process
(c)supporting process
(d)management process
Answer: (b)functional process
(3)Which
of the following is not the benefits of automating business processes?
(a)improved quality
(b)reduced TAT
(c)reduced
profit
(d)improved operational efficiency
Answer: (c)reduced profit
(4)Which
of the following is not one of the steps of implementation of business
process automation?
(a)to justify the requirements of BPA.
(b)to understand the various
requirements for BPA.
(c)to
obtain approval of government.
(d)to define goals of BPA.
Answer: (c)to obtain approval of government.
(5)Which
of the following is not the benefits of Enterprise Risk Management ?
(a)improved alignment of risk appetite
and strategy.
(b)improved linkage between growth, risk
and return. .
(c)improved decision making.
(d)improved
operational losses.
Answer: (d)improved operational losses.
(6)Which
of the following is not the components of Enterprise Risk Management ?
(a)external
environment.
(b)event identification .
(c)internal environment.
(d)objective setting
Answer: a)external environment.
(7)Which
of the following is not the components of Enterprise Risk Management ?
(a)risk assessment .
(b)risk
planning
(c)risk response
(d)control activities
Answer: (b)risk planning
(8)Which
of the following is not the components of Enterprise Risk Management ?
(a)monitoring
(b)control activities
(c)information and communication
(d)staff
education
Answer: (d)staff education
(9)Which
of the following is not the risk of business process automation ?
(a)inaccurate
audit
(b)unauthorized data access
(c)inappropriate infrastructure
(d)inaccurate output
Answer: (a)inaccurate audit
(10)Which of the following is not the risk of business
process automation ?
(a)inaccurate input
(b)inaccurate processing
(c)inaccurate
risk assessment
(d)inappropriate infrastructure
Answer: (c)inaccurate risk assessment
(11)Which of the following is not the type of
business risk?
(a)Financial Risk
(b)Operational Risk
(c)Control
Risk
(d)Regulatory Risk
Answer: (c)Control Risk
(12)Which
of the following is not the component of Internal Control System?
(a)Internal Environment
(b)Risk Assessment
(c)Monitoring
(d)Infrastructure
Answer: (d)Infrastructure
(13)Which
of the following is not the component of Internal Control System?
(a)Database
(b)Objective Setting
(c)Event Identification
(d)Risk Response
Answer: (a)Database
(14)Which
of the following is not the limitation of Internal Control System?
(a)Abuse of responsibility
(b)
Improper risk assessment
(c)Collusion within employees
(d) Manipulation by management
Answer: (b) Improper risk assessment
(15)Which
of the following is not the advantage of flowchart?
(a)Quicker
Reproduction
(b)Quicker grasp of Relationship
(c)Effective Analysis
(d)Effective Communication
Answer: (a)Quicker Reproduction
(16)Which
one of the following does not represent a system of Internal Control?
(a)Meeting
sales targets
(b)Safeguarding assets
(c)Prevention and detection of fraud and
error
(d)Completeness of accounting records
Answer: (a)Meeting sales targets
(17)Which
of the following is not a Flowcharting symbol?
(a)Process
(b)Decision
(c)Document
(d)Risk
Answer: (d)Risk
(18)Which
of the following is not a component of Enterprise Risk Management?
(a)Internal environment
(b)Organisation
chart
(c)Objective setting
(d)Event identification
Answer: (b) Organisation chart
(19)Which
one of the following is not an objective of Internal Control?
(a)Compliance with applicable laws and
regulations
(b)Meeting
sales targets
(c)Reliability of reporting
(d)Effectiveness and efficiency of
operations
Answer: (b)Meeting sales targets
(20)Which
one of the following deals with Section 143 of the Companies Act 2013?
(a)Acquisition
and Mergers
(b)Powers and duties of Board of
Directors
(c)Powers and duties of auditors and
auditing standards
(d)Penalties due to non-compliance
Answer: (a)Acquisition and Mergers