Question: LO 8-6 8-27. An integrated test facility (ITF) is a method used primarily by internal auditors for testing IT-based system controls. Discuss the advantages and

LO 8-6 8-27. An integrated test facility (ITF) is a method used primarily by internal auditors for testing IT-based system controls. Discuss the advantages and disadvantages of implementing an ITF. (CIA, adapted)9-22. An auditor has reason to suspect that fraud has occurred through forgery of the treasurer's signature on company checks. The population under consideration consists of 3,000 checks. Can discovery sampling rule out the possibility that any forged checks exist? Page 392

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