Some computer systems will require additional expertise. You have made arrangements to have audit staff available to test controls in those environments.

Select from the option list provided the answer that is most likely being described by each statement. A choice may be used once, more than once, or not at all.

StatementApproach$1.$ The primary advantage of this approach is that it directly tests specific controls.

$2.$ When using this approach, the auditor can test edit checks by including a dummy transaction in the client's set of transactions and by evaluating an error listing.

$3.$ A disadvantage of this approach is that audit hooks must be programmed into the operating system and applications programs.

$4.$ The primary advantage of this approach is that transactions from throughout the period may be reprocessed and the results can be compared with the client's results to provide assurance that edit checks have been applied during the period.

$5.$ When using this approach, the auditor prepares a set of dummy transactions specifically designed to test the control activities that management claims to have incorporated into the processing programs.

$6.$ The primary disadvantages of this approach are the cost of obtaining the program and the coordination effort required to obtain transactions to reprocess.

$7.$ This approach is an integral part of an application system that is designed to identify and report actual transactions and other information that meet criteria having audit significance.

$8.$ The primary disadvantages of this approach are that it requires considerable coordination, and the dummy transactions must be purged prior to internal and external reporting.

$9.$ This approach uses a controlled program to reprocess sets of client transactions and compares the auditor$-$achieved results with those of the client.

$10.$ The primary disadvantage of this approach is that it tests processing at only one moment in time.

$11.$ This approach tests the actual program in operation using dummy transactions.

$12.$ An advantage of this approach is that it permits continuous monitoring of online, real$-$time systems.