Question: Why does a manual control require more tests of operating effectiveness than an automated control?

Why does a manual control require more tests of operating effectiveness than an automated control?

Step by Step Solution

★★★★★

3.31 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

As manual controls are performed by humans they are more susceptible ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

395-B-A-A-A-N (3160).docx

120 KBs Word File

Students Have Also Explored These Related Auditing Questions!

Q:

Why might manual control procedures differ from IT control procedures, even if both are directed at the same control objective?

Q:

Why are scientists generally skeptical? Why do tests require replication?

Q:

A process control engineer has decided to install an automated shower control system in a bathroom of hr mansion. The design calls for a system that can deliver 3 gpm of water at 110F by mixing hot...

Q:

Auditing The auditor found 3 exception errors for their test cardinal tickit processing, what recommendation auditor might give to the CTP company regarding their controls objectives? Cardinals...

Q:

Carolina Shoe Company (CSC) was founded fifteen years ago by Robert Young and Peter Sinclair. CSC is a distributor that purchases and sells women's and children's shoes to retail stores in midsize...

Q:

Need help with 30 multiple choice auditing questions Audit: Exam 1 1. Which of the following procedures would an auditor likely include in the initial planning of a financial statement audit? a....

Q:

Multiple Choice Questions 1. Which of the following is a step in an auditors decision to assess control risk below the maximum? a. Apply analytical procedures to both financial data and nonfinancial...

Q:

Figure 12-9 contains a listing of tests of operating effectiveness for internal controls related to the supply chain and production management process. For each type of control activity (performance...

Q:

Looking for help with 30 multiple choice audit questions Audit: Exam 1 1. Which of the following procedures would an auditor likely include in the initial planning of a financial statement audit? a....

Q:

Solve the following DE. in detail 1 y' + y=-xy 3 X

Q:

Describe the characteristics of products or services most likely to sell well in foreign markets

Q:

9) How do you expect the cysteine thiol will be affected by hydrogen bonding to the side chain of a glutamic acid in the dipeptide structure shown? A) It will decrease the pka of the thiol B) It will...

Q:

37. LO.5 Kim Corporation, a calendar year taxpayer, has manufacturing facilities in States A and B. A summary of Kims property holdings follows. Determine Kims property factors for the two states...

Q:

To what agencies and other users of financial statements must banks report?

Q:

What options are available to an auditor when the clients book value falls outside the acceptance interval calculated using the estimate of the total value of the population (the adjusted allowance...

Q:

Explain how, in using the mean-per-unit method to evaluate results, the auditors use the differences between the audited values and the book values of the individual items in their sample.

Q:

Is it correct to say that when using nonstatistical variables sampling, one is unable to project the misstatements identified to the entire population? Explain why this is or is not the case.

Q:

Stock W has the following returns for various states of the economy: Stock W_s standard deviation of returns is A. 10% B. 20% C. 14% D. 17%

Q:

Suppose capital markets are perfect, as assumed by Modigliani \& Miller. Consider two firms that are identical except for their capital structure. Firm A is financed 30% by debt and 70% by equity....

Q:

IN PYTHON: I am currently covering functions and I need help. Create two functions: One to add up all the even numbers in a list, and return the total of even numbers One to add up all the odd...