By Using Generalized Audit Software (GAS), the Auditor Can Potentially

question 107

True/False

By using Generalized Audit Software (GAS), the auditor can potentially audit the whole population rather than taking a sample.

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Definitions:

Self-Correcting Mechanism

A process through which a system naturally adjusts and corrects its course without external intervention, aiming to maintain equilibrium or improve function.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Grapevine

An informal communication network within an organization, characterized by personal conversations and exchanges of information beyond official channels.

Email

A method of exchanging messages and information electronically over a computer network.