Question: Internal Controls and CAATs for a Wholesale client. a. What tests of controls would be effective in helping Draker determine whether Palitts vendor database was

Internal Controls and CAATs for a Wholesale client.
a. What tests of controls would be effective in helping Draker determine whether Palitt’s vendor database was susceptible to fraud?
b. What computer-assisted audit technique would be effective in helping Draker determine whether Plait’s vendor database had actually been falsified?

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a The following tests of controls could be used Verify that the database is physically secure and that programs and data files are password protected ... View full answer

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