A CIS environment exists when a computer of any type o. size is involved in processing of an entity's financial information. If an auditor is involved in the configuration and system development prior to the implementation, is the fin nformation is considered reliable and free from error?

A CIS environment exists when a computer of any type o. size is involved in processing of an entity's financial information. If an auditor is involved in the configuration and system development prior to the implementation, is the fin nformation is considered reliable and free from error?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A CIS environment exists when a computer of any type o. size is involved in the
processing of an entity's financial information. If an auditor is involved in the
configuration and system development prior to the implementation, is the financial
information is considered reliable and free from error?

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