Identify five steps in the audit program where audit software can be used to perform testing. You must make clear what four steps you selected. Explain how the audit software can be used to perform these steps (i.e., the basic logic each query or program would use). Please be specific on the step you picked.

Planning and Understanding the Environment I Control Objective: Understand the purchase cycle and related technology tools. Consider the following 9% review area narrativets], policies and procedures; and discuss them with area management if necessary. - Does the company utilize procurement cards? Are administrative procedures designed to add, suspend and limit procurement card usage? - Are spending limits for procurement cards reasonable and commensurate with job responsibilities? - Is a log maintained, listing to whom procurement cards are issued, including dollar limits? Are these dollar limits authorized, including changes? - Is the process to establish preauthorized spending limits reasonable? - Do authorized users maintain a log of procurement card purchases that are matched with the monthly invoice? - Are expenditures reasonable injjgbtgf operations {including dollars, quantity and purchase type]? - Are payables excessive regarding quantities, expected reserves or quantity discounts? - Are approvals and authorized transactions evident and adequately controlled? - Do purchasing policies consider quantity discounts, authorization of vendors and transaction analysis