What kinds of audit tools are used to perform routine tests on electronic data files taken from
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
CPA firms use generalized audit software GAS or data analy...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
Question Posted:
Students also viewed these Accounting questions
-
List five tests of controls that can be performed for the payroll and personnel cycle and state the purpose of each control tested.
-
What are five audit procedures that can be performed with GAS?
-
Are there services that can be performed for non-public companies that cannot be performed for public companies? Explain.
-
Layes Corporation has been authorized to issue 20,000 shares of $100 par value, 7%, noncumulative preferred stock and 1,000,000 shares of no-par common stock. The corporation assigned a $5 stated...
-
Find the trade discount or net price as indicated. Round to the nearest cent. Single discount rate 10% Trade discount List price L. $48 2. $100 12% 3. $425 15% 4. $24.62 $5.93 5. $0.89 $0.12
-
Horizon Wireless, a cellular telephone company, is expanding into a new era. Relay towers are necessary to provide wireless telephone coverage to the different areas of the city. A grid is...
-
Provide the ideal gain scheduling for Figure 12.16 as a function of Q. DATA FROM FIGURE 12.16 Assume inertia varies with theta as follows: where JM is the motor inertia, JL is the load inertia, and R...
-
Mr. Gold is in the widget business. He currently sells 1.5 million widgets a year at $6 each. His variable cost to produce the widgets is $4 per unit, and he has $1,550,000 in fixed costs. His...
-
Described below are certain transactions of Carla Corporation. The company uses the periodic inventory system. 1. 2. 3. 4. On February 2, the corporation purchased goods from Martin Company for...
-
n n Write a program that will keep asking the user to input integers until he inputs -1, or the sum of all inputs has reached or exceeded 2000. When the sum has exceeded 499, print "You're off to a...
-
The test data method and an integrated test facility are similar in that they are both tests of applications controls and they both rely on the use of test data. Explain the difference between these...
-
Why is it necessary for a CPA to be prohibited from having financial or personal connections with a client? Provide an example of how a financial connection to a company would impair an auditors...
-
Will the HVP program likely reduce turnover? Why or why not?
-
Explain why leasing is an option for a company expansion. include, what leasing is and how it will benefit the company in it's expanding efforts. Also, how is capital or operating leasing recorded on...
-
on January 1, 2000, the price of koka kola was $10. on jan and, 2020, the shares were worth $100. the stock Paid no dividends during the period. what is the annual geometric return.
-
Anna has an investment that will bring her $100 with a 30% probability and $40 with a 70% probability. Anna's Utility function is U = Y (1/2) . Where Y= income. Anna is considering selling this...
-
What is urban economics and what components of a city usually results in higher demand of a city's real estate. Describe at least three
-
Identify an area of Financial Services where you feel significant opportunities lie in relation to process management. Why do you feel this?
-
Find LCM and GCF of each pair 16, 36
-
Organizations are increasing their use of personality tests to screen job applicants. What are some of the advantages and disadvantages of this approach? What can managers do to avoid some of the...
-
Figure P9.74 shows a \(100 \mathrm{~g}\) puck revolving at \(100 \mathrm{rpm}\) on a 20-cm-radius circle on a frictionless table. A string attached to the puck passes through a hole in the middle of...
-
What are the three major categories of notes or footnotes presented in annual reports? Cite an example of each.
-
Briefly define return on assets and what it measures.
-
Multiple Choice Question 1. If average total assets increase, but net income, net sales, and average stockholders equity remain the same, what is the impact on the return on assets ratio? a....
-
If a family spends its entire budget in a given time frame, the family can afford either 8 dance lessons or 5 karate lessons. Assuming the family spends its entire budget on just these two goods,...
-
Part 5 - Stretch Your Thinking- Answer the questions 18. Applying the least-cost rule is similar to applying the utility maximizing rule. Identify two similarities and two differences regarding these...
-
If today's youth learn the skills that they need to work in the global workforce before they leave school, then the economic crisis will end because unemployment will be greatly reduced." What...
Study smarter with the SolutionInn App