Multiple Choice
Which of the following is necessary to audit balances in an on-line IT system in an environment where updated information is written over existing information?
A) A utility program which reconciles the subsidiary ledgers with the general ledger.
B) Periodic dumping of transaction files.
C) A well-documented audit trail.
D) An integrated test facility.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which of the following is the best
Q12: All of the following evidence-gathering procedures can
Q13: Once an auditor has determined that accounts
Q15: A normal audit procedure is to analyse
Q16: During a client's stocktake you select a
Q18: Which of the following is one of
Q19: Tests designed to detect goods that arrived
Q20: Substantive testing is typically used to audit
Q21: The auditor will most likely perform extensive
Q22: Procedures related to the purchases cut-off assertion