Fill This Form To Receive Instant Help
Homework answers / question archive / 1) Creating simulated transactions that are processed through a system to generate results that are compared with predetermined results, is an auditing procedure referred to as Desk checking Use of test data Completing outstanding jobs Parallel simulation To obtain evidential matter about control risk, an auditor ordinarily selects tests from a variety of techniques, including Analysis Confirmations Reprocessing Comparison A major exposure associated with the rapidly expanding use of microcomputers is the absence of: Adequate size of main memory and disk storage Compatible operating systems Formalized procedures for purchase justification Physical, data file, and program security To ensure that goods received are the same as those shown on the purchase invoice, a computerized system should: Match selected fields of the purchase invoice to goods received Maintain control totals of inventory value Calculate batch totals for each input Use check digits in account numbers Errors in data processed in a batch computer system may not be detected immediately because Transaction trails in a batch system are available only for a limited period of time There are time delays in processing transactions in a batch system Errors in some transactions cause rejection of other transactions in the batch Random errors are more likely in a batch system than in an on-line system Which of the following is a computer test made to ascertain whether a given characteristic belongs to the group? Parity check Validity check Echo check Limit check
1) Creating simulated transactions that are processed through a system to generate results that are compared with predetermined results, is an auditing procedure referred to as