Question: As an internal auditor, you have been assigned to evaluate the controls and operation of a computer payroll system. To test the computer systems and
As an internal auditor, you have been assigned to evaluate the controls and operation of a computer payroll system. To test the computer systems and programs, you submit independently created test transactions with regular data in a normal production run.
What would be transactions in a payroll system?
What is this audit technique called?
List advantages and disadvantages of this technique.
Give at least one other concurrent audit technique and how it could be applied specifically to the cycle your group was assigned to develop for the class project.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
