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:

Alpha

In statistics, it often refers to the level of significance at which a hypothesis test is conducted; commonly set at 0.05.

T-statistic

A type of statistic used in hypothesis testing to determine if there is a significant difference between two groups.

Null

Usually referring to the null hypothesis, it's a statement suggesting no significant effect or difference in a clinical or experimental study.

Alpha

In hypothesis testing, the probability of making a Type I error; the significance level set before conducting a test.