What distinguishes activity-level validations from entity-wide checks? (General Accounting) (I) General reviews catch everything (II) Process-specific tests complement overall assessments (III) Specific checks waste time (IV) Entity tests work everywhere

Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter16: Auditing It Controls Part Iii: Systems Development, Program Changes, And Application Auditing
Section: Chapter Questions
Problem 3MCQ: Which of the following is NOT an SDLC controllable activity? a. External audit participation b. User...
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4 POINTS

What distinguishes activity-level validations
from entity-wide checks? (General
Accounting)
(I) General reviews catch everything
(II) Process-specific tests complement
overall
assessments
(III) Specific checks waste time
(IV) Entity tests work everywhere
Transcribed Image Text:What distinguishes activity-level validations from entity-wide checks? (General Accounting) (I) General reviews catch everything (II) Process-specific tests complement overall assessments (III) Specific checks waste time (IV) Entity tests work everywhere
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