True/False
If a client uses an image processing system to scan documents and original documents are not retained, the auditor will want to consider the implications for the timing of procedures related to material account balances and transaction cycles.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Use of the auditing procedure <b>confirming </b>should
Q41: Much of the audit planning, including obtaining
Q42: Generally accepted auditing standards recognize two categories
Q43: Having a computer audit specialist as a
Q44: A common member of today's audit team
Q46: The subject of the auditing procedure <b>observing</b>
Q47: If a client maintains records in electronic
Q48: The auditing procedure <b>vouching</b> relates to which
Q49: In practice, the terms "working paper schedule"
Q50: The subject of the auditing procedure <b>inspecting</b>