Trivia: What Do You Know About ACL Software?

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Audit002
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Trivia: What Do You Know About ACL Software? - Quiz

What do you know about ACL Software? This software is perfect when it comes to checking for loopholes about company data and any frauds within the firm. This quiz aims to test your knowledge and understanding of key data analysis concepts and the basics of working with ACL software. Give it a try and see how much you know!


Questions and Answers
  • 1. 

    An audit tool used to view, explore, and analyze data efficiently and cost-effective. It can be used independent data extraction and analysis for the detection and investigation of frauds in a computerized environment.

    • A.

      Pentana Audit Work Systems (PAWS)

    • B.

      Arbutus Software

    • C.

      ACL

    • D.

      KnowRisk

    Correct Answer
    C. ACL
    Explanation
    ACL is a suitable audit tool for viewing, exploring, and analyzing data efficiently and cost-effectively. It can be used independently for data extraction and analysis in order to detect and investigate fraud in a computerized environment.

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  • 2. 

    This stage of the Data Analysis Cycle includes performing tests necessary to achieve your objectives.

    • A.

      Planning

    • B.

      Data Access

    • C.

      Data Integrity Verification

    • D.

      Data Analysis

    Correct Answer
    D. Data Analysis
    Explanation
    Data Analysis is the correct answer because it involves performing tests necessary to achieve the objectives of the Data Analysis Cycle. This stage includes analyzing the data collected, identifying patterns or trends, and drawing conclusions or making predictions based on the data. Through data analysis, researchers can gain insights, make informed decisions, and solve problems based on the findings from the collected data.

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  • 3. 

    It is a character-encoding scheme based on the ordering of the English alphabet.

    • A.

      ZONED

    • B.

      ASCII

    • C.

      NUMERIC

    • D.

      BINARY

    Correct Answer
    B. ASCII
    Explanation
    ASCII (American Standard Code for Information Interchange) is a character-encoding scheme that represents text in computers and other devices. It uses a 7-bit encoding system to assign numeric values to different characters, including letters, numbers, and symbols. The ordering of the English alphabet is used as the basis for assigning these values. Therefore, ASCII is a character-encoding scheme based on the ordering of the English alphabet.

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  • 4. 

    The data analysis cycle has __ stages.

    • A.

      Two

    • B.

      Five

    • C.

      Six

    • D.

      Four

    Correct Answer
    B. Five
    Explanation
    The data analysis cycle consists of five stages. These stages include problem definition, data collection, data cleaning and preprocessing, data analysis and interpretation, and finally, communication of results. Each stage is crucial in the process of analyzing data and drawing meaningful insights.

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  • 5. 

    This tab lets you browse a chronological record of your past activities, view command results, and save portions of the log to another file.

    • A.

      Log Tab

    • B.

      Welcome Tab

    • C.

      Alt Tab

    • D.

      Overview Tab

    Correct Answer
    A. Log Tab
    Explanation
    The Log Tab is the correct answer because it allows users to browse a chronological record of their past activities, view command results, and save portions of the log to another file. This tab is specifically designed for managing and reviewing logs, making it the most suitable option among the given choices.

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  • 6. 

    A collection of related information grouped for processing.

    • A.

      File

    • B.

      Record

    • C.

      Field

    • D.

      Column

    Correct Answer
    B. Record
    Explanation
    A record is a collection of related information grouped together for processing. It typically consists of multiple fields that store different types of data. Records are commonly used in databases and file systems to organize and store data in a structured manner. They allow for efficient retrieval and manipulation of data by grouping related information together.

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  • 7. 

    These are means of executing standard analyses, such as statistical analysis and data profiling.

    • A.

      Workspace

    • B.

      Commands

    • C.

      Logs

    • D.

      Functions

    Correct Answer
    B. Commands
    Explanation
    Commands are a means of executing standard analyses, such as statistical analysis and data profiling. In a workspace, users can input commands to perform various actions and operations on the data. These commands can include functions and algorithms that allow for statistical analysis and data profiling. Therefore, commands are an essential component of executing standard analyses in a workspace environment.

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  • 8. 

    The IS department can provide you with the following modes of transfer, except one:

    • A.

      User access to the data source

    • B.

      Back door Access

    • C.

      Access to a production database or data warehouse

    • D.

      Access to a copy of data

    Correct Answer
    B. Back door Access
    Explanation
    The IS department can provide various modes of transfer for data access, including user access to the data source, access to a production database or data warehouse, and access to a copy of data. However, "back door access" is not a legitimate mode of transfer. This term typically refers to unauthorized access to a system or network, bypassing normal security measures. Therefore, it is not a valid option provided by the IS department for data transfer.

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  • 9. 

    A series of ACL commands that can be executed repeatedly within your project

    • A.

      Tables

    • B.

      Logs

    • C.

      Scripts

    • D.

      Folder

    Correct Answer
    C. Scripts
    Explanation
    Scripts are a series of ACL commands that can be executed repeatedly within a project. They allow for automation and efficiency by performing tasks in a systematic and repeatable manner. Scripts can be created to perform various actions such as data manipulation, analysis, or reporting. By executing scripts, users can save time and effort by avoiding manual execution of individual commands.

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  • 10. 

    Which is not an element of data analysis?

    • A.

      Commands

    • B.

      Expressions

    • C.

      Variables

    • D.

      None of the above

    Correct Answer
    D. None of the above
    Explanation
    The question asks for something that is not an element of data analysis. The options given are commands, expressions, variables, and "none of the above". Since all the other options are elements of data analysis, the correct answer must be "none of the above". This means that there is no option given that is not an element of data analysis.

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  • 11. 

    What are the two methods that ACL uses to access data?

    • A.

      Direct Access

    • B.

      Indirect Access

    • C.

      Import and copy

    • D.

      Remote Access

    Correct Answer(s)
    A. Direct Access
    C. Import and copy
    Explanation
    ACL (Audit Command Language) uses two methods to access data: Direct Access and Import and copy.

    Direct Access refers to the ability to directly access data from its original source, such as a database or file system, without the need for any intermediate steps. This method allows users to query and analyze data in real-time.

    Import and copy, on the other hand, involves importing data from external sources into ACL for analysis. This method requires users to first extract the data from its original source, such as a spreadsheet or database, and then import it into ACL.

    These two methods provide flexibility and options for accessing and analyzing data in ACL, depending on the specific requirements and sources of the data.

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  • 12. 

    What are the three steps in creating tables from a text file?

    • A.

      Highlight any field

    • B.

      Look for a unique point

    • C.

      Highlight the rest of the fields

    • D.

      Delete the field that you do not need in your analysis

    Correct Answer(s)
    A. Highlight any field
    B. Look for a unique point
    C. Highlight the rest of the fields
    Explanation
    The three steps in creating tables from a text file are as follows: first, highlight any field in the text file. Second, look for a unique point in the data that can serve as a reference. Finally, highlight the rest of the fields in the text file.

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  • 13. 

    In the Data Source dialog box, named ranges appear with a dollar sign ($) after their name and worksheets appear without.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    In the Data Source dialog box, named ranges appear without a dollar sign ($) after their name and worksheets appear with a dollar sign ($).

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  • 14. 

    By default, the Data Definition Wizard selects _____ as the data source.

    Correct Answer
    Disk
    disk
    Explanation
    The correct answer is "disk". The Data Definition Wizard, by default, selects the disk as the data source. This means that when using the wizard, the user does not need to manually specify the data source as it is automatically set to the disk.

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  • Current Version
  • Mar 19, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 10, 2011
    Quiz Created by
    Audit002
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