1. Multiple choice questions

1. The evolution of the definition of internal control has gone through several stages. The first stage is ().

A. Internal containment stage

B. Internal control system stage

C. Internal control structure stage

D. Internal control framework stage

Answer A

2. In order to ensure the independence of audit, SOX Act stipulates that when an accounting firm provides audit services to an audit client, the audit project partner (or the person who carries out the final review of the audit project) shall be the auditor.

A.1

B.3

C.5

D.1

Answer C

3. () The enterprise supervises and inspects the establishment and implementation of internal control, evaluates the effectiveness of internal control, and finds internal control defects, which should be improved in time.

a. internal environment

b. control activities

c. information and communication

d. internal supervision

answer D

4. quantitative evaluation methods mainly include probability technology, (), stress testing, sensitivity analysis, etc.

A. Collective discussion

B. Scenario analysis

C. Questionnaire survey

D. Benchmarking analysis

Answer B

Analytical option ACD belongs to qualitative analysis, not quantitative analysis.

5. The process of budget control includes ().

a. Preparation, validation, analysis, assessment, rewards and punishments

B. Preparation, validation, execution, assessment, rewards and punishments

C. Validation, execution, analysis, assessment, rewards and punishments

D. Preparation, validation, execution, analysis, assessment, rewards and punishments

Answer D

6

a. payment application → payment approval → payment processing

b. payment application → payment approval → payment review → payment application → payment review → payment processing

d. payment occurrence → payment approval → payment review → payment processing

answer B

7. The following is about procurement control.

a. bulk commodities or services should be purchased by bidding and signing a contract agreement

b. general goods or services should be purchased by bidding and signing a contract agreement

c. general goods or services can be purchased by inquiry or directional procurement and signing a contract agreement

d. small and sporadic goods or services can be purchased by direct purchase

answer B

8.

A. Internal control

B. Internal management

C. Internal supervision

D. Internal accounting control

Answer A

9.PCAOB is regulated by the Securities and Exchange Commission of the United States, but it is not a government agency. Every member of PCAOB is a full-time independent service person, and they cannot be employed by any organization other than PCAOB.

A.3

B.5

C.1

D.12

Answer B

1. The goal of internal control is ().

a. absolutely guarantee that the financial statements are fair and legal

b. reasonably guarantee that the financial statements are fair and legal

c. absolutely guarantee that the business compliance, asset safety, financial reports and related information are true and complete and effective, and promote the development of the enterprise

d. reasonably ensure that the business compliance, asset safety, financial reports and related information are true and complete and effective. Promote the development of the enterprise

Answer D

11.SOX Act stipulates that if the company is required to re-prepare the accounting statements due to misconduct, the CEO and CFO of the company shall repay all bonuses, bonuses or other bonus or equity remuneration received from the company within () months and the income realized by buying and selling the company's securities.

A.6

B.12

C.24

D.48

Answer B

12. The Act requires the company's senior management to take an oath on the authenticity of financial reports, and sets criminal responsibilities for providing false financial reports respectively, stipulating that the maximum sentence for destroying audit files is () years imprisonment and federal investigation.

A.15； 2

B.2； 15

C.1； 2

D.2； 1

Answer c

13. The revised () in 1999 put forward the principle requirements for establishing and perfecting internal control in the form of law for the first time.

A. Accounting Law

B. Certified Public Accountant Law

C. Internal Accounting Control Norms-Basic Norms

D. Guidelines for Internal Control of Commercial Banks

Answer A

14. () It is for enterprises to identify and systematically analyze risks related to the realization of internal control objectives in business activities in a timely manner.

A. Internal environment

B. Risk assessment

C. Control activities

D. Internal supervision

Answer B

15. () After weighing the cost-effectiveness, an enterprise is prepared to take appropriate control measures to reduce risks or reduce losses and control risks within the risk tolerance.

A. Risk reduction

B. Risk avoidance

C. Risk sharing

D. Risk tolerance

Answer A

16. () directly uses qualitative terms to describe the possibility of risk occurrence and its impact on the target.

A. Analysis method

B. Ratio analysis method

C. Qualitative analysis method

D. Quantitative analysis method

Answer C

17. The following statement about internal control is incorrect ().

A. The idea of internal control is risk-oriented control

B. Internal control is a process of control, which requires the participation of all staff, including the board of directors, management and board of supervisors, but does not include employees.

C. Internal control is a kind of management, which is the management of risks.

D. Internal control is a reasonable guarantee

Answer B.

18. The following statement about the internal environment is wrong ().

a. Corporate culture includes four elements: institutional culture, material culture, behavioral culture and spiritual culture. These four factors influence and interact with each other, and * * * together form a complete system of corporate culture

B. Employee quality control includes the control of employees' quality in recruitment, training, assessment, promotion and reward

C. The internal environment contains the organizational tone, and the specific contents include: governance structure, institutional setup and distribution of rights and responsibilities, internal audit, human resources policy, corporate culture, etc.

D. Its scope mainly includes financial accounting, management accounting and internal control inspection

Answer D

Analysis Internal audit control is a special form of internal control, and its scope mainly includes financial accounting, management accounting and internal control inspection.

19. The following statement about internal control system evaluation is wrong ().

a. An enterprise should carry out internal control evaluation according to the procedures of formulating evaluation scheme, implementing evaluation activities and compiling evaluation report

b. The effectiveness of internal control means that the establishment and implementation of internal control can provide a reasonable guarantee for the realization of control objectives

c. Internal control defects can generally be divided into design defects and operation defects

d. Enterprises implement internal control evaluation, which only includes the evaluation of internal control design effectiveness, but does not include the evaluation of operation effectiveness <

2. Among the following statements about the key internal control system of cost and expense, it is incorrect that ()

A. The cost and expense items that are not included in the budget should never be paid

B. The staff in the same position should be adjusted and replaced appropriately on a regular basis to avoid the same staff being responsible for the same business for a long time

C. The enterprise should make cost targets based on the cost and expense forecast decision. Establish a cost and expense budget system

D. An enterprise should choose a reasonable cost and expense accounting method according to the production and operation characteristics and management requirements of its own unit.

Answer A

Analyze the cost and expense items that are not included in the budget. If it is really necessary to spend, it should apply for an additional budget according to the prescribed procedures.

21. The following statement about motivation, restraint and withdrawal of human resources is incorrect ().

a. The process of assessment can not only urge employees to improve their existing work, but also improve their professional quality in the process of assessment

B. The year-end assessment refers to the fact that at the end of each year, Make a comprehensive evaluation of employees' work this year

C. The application of material incentives in enterprises mainly includes increasing salary, awarding prizes, bonuses and welfare benefits such as vacation, recuperation and travel

D. Directors, managers and other senior managers should be audited for leaving their posts

Answer B

The year-end assessment refers to the comprehensive evaluation of employees' work in the previous year at the beginning of each year.

22. The internal control environment of monetary funds is a general term for the factors that have great influence on the establishment and implementation of internal control of monetary funds of enterprises. The decisive factor in the internal control environment of monetary funds is ().

a. management decision maker

b. employee's professional ethics

c. employee's professional quality

D. internal audit

answer A

analysis management decision maker is the decisive factor in the internal control environment of monetary funds, especially in the case of carrying out the personal responsibility system of enterprise leaders, management style, knowledge level, legal consciousness and moral concept of management decision maker.

23. The following statement about accounting informatization and its control is incorrect ().

a. Accounting informatization refers to the process of using computer information technology to process financial information instead of manual work, and to replace the analysis and judgment of accounting information partially completed by manual work

b. Cashiers in enterprises can also serve as administrators of computerized systems. Part-time audit of accounting vouchers

C. Enterprises should establish an information-based accounting file management system

D. Information-based accounting files refer to accounting data stored in magnetic media or CD-ROM media and written accounting data printed by computers, including accounting vouchers, accounting books, financial statements (including report formats and calculation formulas) and other data

Answer B

An enterprise cashier shall not concurrently be an administrator of computerized system or audit accounting vouchers.

24. Incompatible positions in M&A transactions do not include ().

a. conclusion of m&a contract agreement and relevant accounting records

b. application and approval of m&a transaction

c. approval and execution of m&a transaction

d. conclusion and review of m&a contract agreement

answer A

analysis shows that the execution of m&a transaction is incompatible with relevant accounting records, but the conclusion of m&a contract agreement is compatible with relevant accounting records and can be executed by the same person.

25. The following statement is incorrect ().

A. Written report has the advantages of low cost, providing formal figures, texts and charts, and being easy to copy, carry and transmit, and is the most common form of internal report.

B. Oral introduction is usually a supplementary form of written report and is often used in some emergencies.

C. In order to facilitate management, internal report is only in the form of regular report.

D. The board of directors of the company is a company. The frequency design of periodic reports should be related to the information to be reflected, some information needs to be reported once a month or two (such as profit), and some information needs to be reported once a day (such as store sales); Non-periodic reports are generally used for information transmission of temporary projects. For the frequency of such reports, the system designer should explain that the system maker has the power to decide the time requirement of non-periodic reports.

2. Multiple choice questions

1. Internal control is a process implemented by enterprises (), () and () to achieve control objectives.

A. Board of Directors

B. Board of Supervisors

C. Shareholders

D. Management and all employees

Answer Abd

2. In September 24, COSO promulgated the enterprise risk management integration framework according to the requirements of Sarbanes-Oxley Act, and the components of COSO framework include ().

a. internal environment, goal setting

b. event identification, risk assessment

c. risk response, control activities

d. information and communication, monitoring

answer ABCD

3. The establishment of the Accounting Supervision Committee of listed companies (PCAOB) was a major reform of the supervision system of American certified public accountants, before that. Its responsibilities mainly include ().

a. an accounting firm registered to perform the audit of listed companies

b. formulate relevant auditing standards and systems

c. check the practice quality of accounting firms

d. investigate and punish accounting firms that violate the rules

answer ABCD

4. The duties of the audit committee include ().

a. Responsible for hiring a registered accounting firm, paying remuneration to the firm and supervising its work

b. The hired accounting firm should report directly to the audit committee

c. Acceptable to handle complaints about accounting, internal control or auditing of the company

d. Have the right to hire independent legal counsel or other consultants

Answer ABCD

5. Chapter 44 of SOX Act.

a. management's responsibility report on establishing and maintaining appropriate internal control structure and financial reporting procedures

b. management's evaluation on the effectiveness of the company's internal control structure and financial reporting procedures at the end of the fiscal year

c. management's responsibility report on establishing and maintaining appropriate internal control structure and financial reporting procedures

d. management's evaluation on the effectiveness of the company's internal control structure and financial reporting procedures at the end of the fiscal year

answer ab.

a. Guidelines for the application of enterprise internal control

b. Guidelines for the evaluation of enterprise internal control

c. Guidelines for the supervision of enterprise internal control

d. Basic norms of enterprise internal control

Answer ABD

7. The principles for establishing and implementing enterprise internal control include ().

a. comprehensiveness