CISA Certified Information Systems Auditor – Question2499

When should an application-level edit check to verify that availability of funds was completed at the electronic funds transfer (EFT) interface?

A.
Before transaction completion
B. Immediately after an EFT is initiated
C. During run-to-run total testing
D. Before an EFT is initiated

Correct Answer: D

Explanation:

Explanation:
An application-level edit check to verify availability of funds should be completed at the electronic funds transfer (EFT) interface before an EFT is initiated.