Question: What is the difference between test data and live data?

What is the difference between test data and live data?

Step by Step Solution

★★★★★

3.41 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Live data are data that have been successfully processe... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

201-B-A-I-S (1945).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

What is the difference between test data and parallel simulation, the two approaches used to audit through the computer using CAATs?

Q:

What is the difference between data that are stored off-line and data that are stored online?

Q:

What is the difference between Data as a service (DaaS) and Database as a service (DBaaS)?

Q:

16.. What is the difference between test data and live data?

Q:

Which of the following is a substantive test in relation to completeness? a. Review for any unmatched receiving reports and suppliers' invoices. b. Review minutes and contracts for evidence of...

Q:

22. Which of the following is most true in relation to general and application controls? a. The difference between test data and an integrated test facility is that test data is run on the auditor's...

Q:

Relative to designing new test data, tagging live transactions in an ITF has the advantage that: a. Special audit routines do not have to be embedded in the host system b. The limiting conditions in...

Q:

What is the difference between test data and integrated test facility?

Q:

need help on stats 243 project Project Conditional (non independent) Probability COMID's been pushing us around for (as write this just about 2 years. And I know that we're all sick as hell of...

Q:

Can you please provide project activities list, dependencies and durations for the case study below. Thank you! PROJ6002 Case Study Property Condition Program Background The State Government...

Q:

Volume follows vt+1 = 1.5vt, with v0 = 1220m3. Compose the updating function associated with each discrete-time dynamical system with itself. Find the two-step discrete-time dynamical system. Check...

Q:

Use the identity (i+1)4 - i4 = 4i3 + 6i2 + 4i + 1 to prove special sum formula 3.

Q:

compound interest To rasie the rest amount of money, your company borrows $ 1 2 0 , 0 0 0 from the bank with an monthly interest of 5 . 5 % for a year. For the interest, compound interest is applied....

Q:

An individual can become a designated partner in any LLP if (i) he has given his prior consent (iii) Either (a) or (b). (ii) he has obtained a Director Identification (iv) Both (a) and (b). Number.

Q:

Explain the server-based architecture.

Q:

Explain the client-based architecture.

Q:

Distinguish between the two-tier, three-tier, and n-tier client-server architectures.

Q:

Please show work Question 10 Airlines often sell more tickets for a flight than there are seats, because some ticket holders don't show up for the flight. An airline estimates that 93% of ticket...

Q:

ques 6 General Requirements For each of the functions described in questions 1 to 6 you are to: 1. Modify the function to count the number of operations performed when the function executes. Some...

Q:

You have been given the following return information for a mutual fund, the market index, and the risk - free rate. You also know that the return correlation between the fund and the market is 0 . 9...