One Feature Common to All Computer- Based Audit Software Is

question 65

Multiple Choice

One feature common to all computer- based audit software is:

• A) DOS- based command systems.
• B) the inclusion of an industry database to facilitate analytical review procedures.
• C) the ability to input a client's general ledger into the auditor's computer system.
• D) the ability to input auditor's software into a client's computer system.

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Definitions:

Proportionate Share

A part or portion of something that is divided among parties based on a specific criterion, often related to ownership or contribution.

Multiple Insurance

The practice of holding more than one insurance policy on the same item or person, often to provide additional coverage in case of loss or damage.

Insured's Liability

The obligations or responsibilities for which an insured party is covered under an insurance policy.

Fiduciary Duties

Obligations that require individuals in certain positions of trust to act in the best interest of another party.