Why is it important to have software vendors (such as SAP, Oracle, etc.) use the audit data
Question:
Why is it important to have software vendors (such as SAP, Oracle, etc.) use the audit data standards?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
For software that companies andor audit firms consistently use like SAP it would be very he...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems
ISBN: 978-1260153156
2nd edition
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
Question Posted:
Students also viewed these Business questions
-
Why is it important to have separate sales returns and allowances and sales discounts accounts? Wouldnt it be much easier to directly reduce the sales revenue account for these adjustments?
-
Why is it important to have standards, such as X12 and EDIFACT, when conducting EDI transactions and other forms of e-business? Is there a downside to using standards?
-
Why is it important to have sufficient liquidity during a weak economy?
-
In baseball, a players batting average is the proportion of times the player gets a hit out of his total number of times at bat. The distribution of batting averages in a recent season for Major...
-
Acording to Poiseuille's law, the speed S of blood through an artery of radius r at a distance x from the artery wall is given by S= k [ r2 - (r-x)2] where k is a constant. Find the distance x that...
-
Heights of adult women have a mean of 63.6 in. and a standard deviation of 2.5 in. What does Chebyshev's theorem say about the percentage of women with heights between 58.6 in. and 68.6 in.? Between...
-
A panel consists of three female and seven male experts. Three experts are chosen at random from this panel to serve in a selection committee. What is the probability of choosing (a) three men? (b)...
-
1. If you were Skip Grenoble, which alternative would you advice Jim Beierlein to implement? What criteria would you use to arrive at your decision? 2. At what level of demand (in pounds) per year...
-
It is evident that Central Banks in advanced capitalist nations such as Australia are serious about reducing annual CPI inflation, which was 5.4 per cent in the September 2023 quarter. Raising the...
-
A taxpayer, who is a lifelong resident of Texas, joins the military at age 21. While stationed in New York, the taxpayer meets and marries a teacher from New Jersey. They both lived in New York al of...
-
How could audit data standards make external auditors work more efficient?
-
What is an example of the way data analytics might be used in an airline setting to maximize revenue of selling to business and casual travelers?
-
Match each of the key terms with the definition that best fits it. ____________ A diagram that shows the software components or modules and their dependencies. Here are the key terms from the...
-
Imagine we have the data frame below and we have named it "df" in R. worker wage state 1 11 2 9 3 20 4 40 5 5 CA CA AZ AZ OR In the R console I type: mean(wage) But receive the error "object 'wage'...
-
what is an income statement and what it contains. Define the three main components. what other two component is related to the income statement that you find interesting in walmart aside from the...
-
What is an individual who receives Medicare referred to as for insurance purposes?
-
o Take a shot at crafting a strategy statement from your experience. Define the company's objective, scope, and advantage. Present a visual depiction of the strategic sweet spot - see figure in...
-
What is the purpose of the financial statements of a business? Identify one internal user of a company's financial statements and one external user. Discuss how each group uses the financial...
-
The 2014 cost for Virginia residents to attend the University of Virginia was $20,986. The circle graph below shows the percentage of that cost for tuition, room, board, and books/supplies. Determine...
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
Chapter 14 described three types of IT: function, network, and enterprise IT. Consider the diagram shown in Figure 15.2. Which type of IT is likely to have the greatest impact on business...
-
An important first step in the economic justification process is to assess business requirements. How would the Balanced Scorecard framework presented in Chapter 14 help companies assess their...
-
What is the goal of each of the general security objectives (e.g., confidentiality, integrity, availability, access control)? Why should a company care about these?
-
You have $8,500 to invest for 5 years. Find how much you'll have at the end of the 5 years if you earn 3.4% interest compounded (a) annually: $ (b) monthly: $ (c) daily: $ (d) continuously: $
-
Create instructions for a UHD student on how to use Zoom to record an oral presentation. This assignment has two purposes: I need to ensure you know how to use Zoom to record your group's oral...
-
Solve for x: 1 3x-3x-2=24 2 3*+1=3x+1/3 3 3x+3x+2=10 4 5x+1 1 =2.5* 5 2x+2x+2x=96 6 12x+12=288 7 2x+2x-2=5 8 22x+4x+1=80 EXERCISE 5 Solve for x: 8.4141-32 = 1 2 3x+1=9x. 27 3 3x+2 = 9.27 4 5-1. = 25*...
Study smarter with the SolutionInn App