What is the objective of output controls? List and briefly describe different output controls.
Answer to relevant QuestionsWhat are the major steps in audit team’s assessment of control risk in an IT environment?In which of the following circumstances would an auditor expect to find that an entity had implemented automated controls to reduce risks of misstatement? a. When errors are difficult to predict. b. When misstatements are ...Audit teams use the test data method to gain certain assurances with respect to a. Input data. b. Machine capacity. c. Control procedures contained within the program. d. General controls.Auditing Automated Controls. You are auditing payroll for Alexander Inc., which uses computerized processing for its payroll transactions; the various steps in Alexander’s system follow: • As employees provide services, ...In its automated processing system over payroll transactions, Brady Company enters the following data from its employees’ attendance records (# corresponds to a numeric field; A corresponds to an alphabetic field): • ...
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