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Which of the following statements regarding the black-box approach for systems auditing is correct?
A. The auditors need to gain detailed knowledge of the systems' internal logic
B. The black-box approach could be adequate when automated systems applications are complicated
C. The auditors first calculate expected results from the transactions entered into the system. Then, the auditors compare these calculations to the processing or output results.
D. All of the above are correct
Purchasing Power
An individual's or entity's ability to buy goods and services, affected by inflation and personal financial situation.
Hourly Rate
The sum of money received or given out for every hour worked.
Toxic Waste Discharge
The release of harmful pollutants into the environment, usually from industrial operations.
Stringent Restrictions
Strict or severe limitations or rules that must be followed.
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