Question: An internal auditor is least likely to use computer software to: Assess computer control risk. Prepare spreadsheets. Access client data files. Construct parallel simulations

An internal auditor is least likely to use computer software to: Assess computer control risk. Prepare spreadsheets. Access client data files. Construct parallel simulations

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

One way to enable the manufacturers computer to transact business directly with suppliers computers is by means of a technology solution called: Cyber-trading Electronic data interchange Internet...

f . The auditors would most likely be concerned with which of the following controls in a distributed data processing system? ( 1 ) Hardware controls. ( 2 ) Systems documentation controls. ( 3 )...

Audit teams would least likely use computer-assisted audit techniques to a. assess control risk related to computerized processing systems. b.construct and perform parallel simulations. c.access...

The auditors would be least likely to use audit software to: ( 1 ) Access client data files. ( 2 ) Prepare spreadsheets. ( 3 ) Assess computer control risk. ( 4 ) Test application programs.

829. Multiple Choice Questions Select the best answer for each of the following questions. Explain the reasons for your selection. a. LAN is the abbreviation for: (1) Large Area Network. (2) Local...

An accounts payable program posted a payable to a vendor not included in the online vendor master file. A control which would prevent this error is a: Validity check. Range check. Limit test. Control...

Multiple Choice Questions Select the best answer for each of the following questions. Explain the reasons for your selection. a. LAN is the abbreviation for: (1) Large Area Network. (2) Local Area...

Of the following, which would auditors be least likely to use software to do ? Group of answer choices Access client data files Prepare spreadsheets Assess computer control risk Construct parallel...

MULTIPLE CHOICE QUESTIONS Part A- Multiple- Choice Questions Highlight or Circle the most appropriate response Internal controls are designed to provide reasonable assurance that: a. Management's...

An auditor would least likely use computer software to a. Access client data files. b. Prepare spreadsheets. c. Assess computer control risk. d. Construct parallel simulations.

Portions of the financial statements for Peach Computer are provided below. Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the...

A break-even chart must be interpreted in the light of the limitations of its underlying assumptions Required: (a) Discuss the extent to which the above statement is valid and both describe and...

2 - 2 0 Which of the following best describes the relationship between business objectives, strategies, processes, controls, and transactions? a . To achieve its objectives, a business formulates...

What is SQL DROP TABLE Statement??