Categorize each of the following as either an equipment failure control or an unauthorized access control.a. message authenticationb. parity checkc. call-back deviced. echo checke. line errorf. data encryptiong. request-response technique

Q: How can Embedded Audit Modules in software be utilized in an audit?

A: Audit: Audit is the process of verification of the compliance of the financial statements.

Q: Discuss the independence issue related to Generalized Audit Software

A: GAS stands for Generalized Audit Software, which is defined as the software created in order to…

Q: riefly provide your opinion whether an auditors wishing to assess the adequacy of separation of…

A:

Q: were the various tools used in ERP system?

A:

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: Give one example of an error that a check digit control detects.

A:

Q: This method of documenting understanding of internal control structure is advantageous because it…

A: This method of documenting understanding of internal control structure is advantageous because it…

Q: In your own words, explain the meaning of authentication and authorization. Be sure to distinguish…

A: The terms authentication and authorization are used in conjunction with each other in terms of…

Q: Choose only one answer as well as state their reasons/rationale for the answer chosen. 7) Which…

A: Size check restricts the length of the characters to be entered as an input in a particular field.…

Q: Which option below accurately describes the process of continually assessing internal controls and…

A: Audit report:An audit report is a formal statement issued by an auditor after examining a company's…

Q: Which of the following exists as an inherent risk even in the best designed systems     a.…

A: Internal controls are processes, policies, and procedures implemented by an organization to ensure…

Q: Which of the following is NOT an advantage ofcommercial software?a. Costb. Independencec.…

A: The software market has infiltrated every aspect of a business or service as technology has…

Q: SLO-4.2. A necessary element of internal control is ODatabase OSystems design. OSystems analysis.…

A: Internal control is a set of procedures followed to achieve efficiency and effectiveness in the…

Q: What are the key control objectives required for a well-designed general ledger and reporting…

A: A well-designed general ledger and reporting information system should have several key control…

Q: What are test data, and how are they used to test a client's automated controls?

A: Business requires the controls which are also known as the internal controls which has been set by…

Q: Distinguish between the different types of security orders and explain how a confirmation statement…

A: A confirmation statement refers to a document that consists of general information related to…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

Q: What do you call a thing that is provided by AIS by ensuring the information produced by the system?

A: Accounting Information Systems: An accounting information system is referred to as the system that…

Q: Audit approaches to computerized systems – Auditing around and through the computer

A: Audit:- It is means verification of the accounting books whether the company is following the…

Q: Audit concerns and implications on risk assessment are two important factors that must be addressed…

A: For the needs of AUS, a CIS atmosphere exists once a computerized Associate in Nursing sort or size…

Q: If all of the inputs have been validated before processing, then what purpose do run-to-run controls…

A: The run to run controls is a control device to ensure that no records are lost, unprocessed or…

Q: Briefly describe record counts, batch totals, and hash totals. What types of errors in input…

A: Input controls: It is created to provide reasonable guarantee of received data for processing by the…