Core Concepts Of Accounting Information Systems, 14th Edition
14th Edition
ISBN: 9781119441465
Author: Mark G. Simkin
Publisher: WILEY
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Question
Chapter 11, Problem 1TY
To determine
Identify the suitable option with respect to IT auditor.
Expert Solution & Answer

Answer to Problem 1TY
Option (c)
Explanation of Solution
Justification for correct answer:
Option (c): An IT audit means the systematic evaluation of the technological infrastructure of a company. It can be performed by both internal as well as external auditors. An auditor must be highly capable regarding the electronic control procedures and protocols. Therefore, it is a correct answer.
Justification for incorrect answers:
Options (a), (b) and (d) are incorrect because the facts mentioned in Options (a), (b) and (d) are not accurate with respect to IT auditor. Thus, options a, b, and d are incorrect.
Conclusion
Therefore, option c is correct answer.
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Managers use management accounting information to: A) communicate a firm's financial position to investors, banks, regulators, and other outside parties. B) help external users such as investors, banks, regulators, and suppliers. C) communicate, develop, and implement strategies. D) ensure that financial statements are consistent with the SEC rules. MCQ
Chapter 11 Solutions
Core Concepts Of Accounting Information Systems, 14th Edition
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