State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

Question

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Answer 1

Question

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

b.

To determine

List the transaction-related audit objective which gets affected by the control.

c.

To determine

Classify whether the given internal controls should be tested or not.

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Answer 2

Question

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

b.

To determine

List the transaction-related audit objective which gets affected by the control.

c.

To determine

Classify whether the given internal controls should be tested or not.

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Answer 3

Question

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

b.

To determine

List the transaction-related audit objective which gets affected by the control.

c.

To determine

Classify whether the given internal controls should be tested or not.

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Answer 4

Question

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

b.

To determine

List the transaction-related audit objective which gets affected by the control.

c.

To determine

Classify whether the given internal controls should be tested or not.

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Answer 5

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

b.

To determine

List the transaction-related audit objective which gets affected by the control.

c.

To determine

Classify whether the given internal controls should be tested or not.

Answer 6

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

Answer 7

Chapter 12, Problem 29DQP

a.

To determine

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

Answer 8

b.

To determine

List the transaction-related audit objective which gets affected by the control.

Answer 9

b.

To determine

List the transaction-related audit objective which gets affected by the control.

Answer 10

c.

To determine

Classify whether the given internal controls should be tested or not.

Answer 11

c.

To determine

Classify whether the given internal controls should be tested or not.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 12 - Prob. 1RQ Ch. 12 - Prob. 2RQ Ch. 12 - Prob. 3RQ Ch. 12 - Describe how the nature of evidence used to...Ch. 12 - Prob. 5RQ Ch. 12 - Prob. 6RQ Ch. 12 - Prob. 7RQ Ch. 12 - Prob. 8RQ Ch. 12 - Prob. 9RQ Ch. 12 - Prob. 10RQ

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

Solution Summary: The author enumerates the various types of controls that can affect the transaction-related audit objective of the control.

State for all the situations whether the control is an automated application control (AC), a manual control (MC) or a manual control with an automated component (MAC).

List the transaction-related audit objective which gets affected by the control.

Classify whether the given internal controls should be tested or not.

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Chapter 12 Solutions