Which of the following functional capabilities in generalized audit software are auditors most likely to use to

Question:

Which of the following functional capabilities in generalized audit software are auditors most likely to use to examine whether the entities that the data purports to represent do, in fact, exist?

a. Statistical sampling capability

b. Stratification and frequency analysis capability

c. Analytical review capability

d. Arithmetic capability

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Information Systems Control And Audit

ISBN: 9780139478703

1st Edition

Authors: Ron Weber

See More Books

Question Posted: May 16, 2024 08:01 AM

See More Questions

Multiple- Choice 1. The Sarbanes- Oxley Act of 2002 requires management to include a report on the effectiveness of ICFR in the entitys annual report. It also requires auditors to report on the...
1. Auditors initial response to computer systems was to audit around the computer. This strategy is least likely to be successful in an audit of a. A batch processing system for payroll. b. A card-...
14. In testing the existence assertion, an auditor ordinarily works from the a. Financial statements to the accounting records. b. General journal to the general ledger. c. Supporting evidence to the...
The following are the Ledger Balance (in thousands) extracted from the books of Vaishnavi Bank Ltd as on March 31, 2016. The bank's Profit and Loss Account for the year ended and Balance Sheet as at...
Consider the reaction BF3 + NH3 - F3B -- NH3 Describe the changes in hybridization (if any) of the B and N atoms as a result of this reaction?
In his book At the Hand of Man, Raymond Bonner argues that Africa should promote hunting, charging large fees for permits to kill animals (for example, $7,500 for a permit to shoot an elephant). a....
Match each of the numbered transactions to the accounting terms A through F applicable to recording and reporting them. A. Business entity assumption B. Reliability C. Cost principle D. Going-concern...
Your sister has just won $300,000 (taxfree) in the state lottery. Shes decided to quit her job and devote herself to writing novels for the next ten years, using her lottery winnings to support...
Given the Boolean function: F(A,B,C) = [A`( A + B`+A`B`C`) (A + B + C) +A`BC` ]L i- Complete the following truth table by inserting 0 or 1 for F. A B C F 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 1 0 1 1 1 0 1 1...
Which of the following is not a functional limitation of generalized audit software? a. Permits ex post auditing only and not concurrent auditing b. Difficult to determine an application system's...
Parallel simulation involves the auditor: a. Writing a program to completely replicate the processing logic of an application program b. Using the random number capabilities of generalized audit...
Evaluate the iterated integral by converting to polar coordinates. x-x x-x (x + y) dy dx
1. Describe the difference between stand-alone risk and portfolio risk. 2. Explain financial options and how they are applied in corporate finance. 3. What are the components of Cost of Capital and...
How do organizations implement effective change management strategies to navigate the inherent challenges of project scope creep, scope changes, and stakeholder resistance during project execution?
Write a program to print below pattern? 1 23 456 78910
Solve the following: Derivatives and anti-derivatives d dx d -In(x): = dx d -arctan(x)= dx d dx d -sin(x) = cos(x) -cos(x)=-sin(x) -tan(x) = sec(x) -sec(x)=sec(x) tan(x) -cot(x)=-csc(x)...
What are the critical success factors in stakeholder engagement and communication management, particularly in large-scale, multi-stakeholder projects with diverse interests and objectives ?
Find Vo(t),t>0 in the network
Find the volume of the described solid S. A frustum of a right circular cone with height h, lower base radius R, and top radius r -r- --R
Problem 1.2-1 Segments AB and BC of beam ABC are pin connected a small distance to the right of joint B (see figure). Axial loads act at A and at mid-span of AB. A concentrated moment is applied at...
Mark and Mindy are new parents.They wish to start saving for their sons college education. They anticipate theyll need $150,000 in 18 years. How much should they deposit quarterly in an account that...
A researcher surveyed 100 elderly people. For each person the researcher conducted a questionaire that measures their level of happiness (on a scale from 1 to 20). The researcher also asked each...

Which of the following functional capabilities in generalized audit software are auditors most likely to use to

Question:

Step by Step Answer:

Information Systems Control And Audit

Students also viewed these Business questions