IT Auditors May Need to Be Called in To

question 97

Multiple Choice

IT auditors may need to be called in to:

• A)Consider the effects of computer processing on the audit.
• B)To assist in testing the automated processes.
• C)Both of the above.
• D)None of the above.

---

Definitions:

Units Sold

Refers to the total number of individual items sold by a company during a specific period, indicative of sales volume.

Goods On Consignment

Goods given to a third party (consignee) to sell, where the original owner (consignor) retains ownership until sale.

Consignor

The entity or person that sends goods to another (the consignee) to be sold, while retaining ownership until the goods are sold.

Consignee

The individual or entity to whom goods are shipped under a consignment agreement, responsible for selling the goods.