Most grocery stores use bar code scanning technologies that interface with cash registers used to process customer
Question:
a. Which financial statement accounts are impacted by the use of these technologies in a typical grocery store?
b. Identify risks inherent to this business process in a grocery store that might affect the financial statement accounts identified in part a. For each risk, describe how these technologies help reduce the inherent risk.
c. How does the use of these technologies create new risks for a grocery store?
d. How might an auditor use technology to test the operating effectiveness of a bar code scanner based check-out system?
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Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0133125689
15th edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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