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Your School's Accounting Club Will Soon Host a One-Day Seminar

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Your school's accounting club will soon host a one-day seminar on auditing and evaluating accounting information systems. You know you'll be talking with experienced auditors during the seminar; you want to demonstrate your knowledge of auditing to make a good impression.
-Most accounting information systems are organized into five basic parts: inputs, processes, outputs, storage and internal controls. Use that framework to explain how auditing is related to the study of accounting information systems.

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Auditors must review source documents (i...

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