Isca Few Mnemonics

Tejaswini reddy (CA FINAL STUDENT) (41 Points)

11 September 2017  

ISCA Mnemonics:

Q1. Characteristics of a Good Coded Program?

U R RARE

U - Usability
R - Reliability
R - Readability
A - Accuracy
R - Robustness
E - Efficiency

Q2. What Information is Sensitive?

FB' S (Facebook's)

F Financials 
B Business Operations
S Strategic Plans

Q3. Components of Internal Control

IC CE CA RA M ( ICCE CA RAM)

IC    Information and communication

CE  Control Environment

CA  Control Activities

RA  Risk Assessment

M    Monitoring

Q4. Attributes of Information

AP CM TQ FR VV CAR (AP CM Thank you for VV CAR)

A Availability

P Purpose

C Completeness

M Mode/ Format

T Transparency

Q Quality

F Frequency

R Rate

V Validity

V Value of Information

C Current/ Updated

A Adequacy

R Reliability

Q5. Application Controls

PIC DOB (Picture Date of Birth)

P Processing Controls
I  Input Controls
C Communication Controls
D Database Controls
O Output Controls
B Boundary Controls