1. The use of computer systems has increased the potential for management supervision of the internal control...

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

Question:

1. The use of computer systems has increased the potential for management supervision of the internal control system.
True
False
2. The computer has simplified auditing by providing a better audit trail.
True
False
3. The use of computer-assisted auditing techniques has significantly changed auditing objectives.
True
False
4. A major reason for thinking about overall materiality at the planning stage is to try to fine-tune the audit for effectiveness and efficiency.
True
False