Multiple Choice
Use of electronic funds transfers (such as electronic data interchange and online banking) has which of the following effects on the audit risk model?
A) decreases control risks associated with cash
B) increases control risks associated with cash
C) decreases test of control associated with computer programs
D) increases test of control associated with computer programs
Correct Answer:
Verified
Correct Answer:
Verified
Q2: If an external auditor's client has used
Q3: Jenny is the information technology support manager
Q4: Each key control that the auditor intends
Q5: One approach to audit through the computer
Q6: The internal control objective of accuracy is
Q7: Narratives,flowcharts,and internal control questionnaires are three commonly
Q8: The existence of advanced automated systems affects
Q9: A secondary objective of the auditor's study
Q10: Which of the following statements is true
Q11: After considering a client's internal controls,an auditor