Which Audit Technique Examines the Way Transactions Are Processed

question 56

Multiple Choice

Which audit technique examines the way transactions are processed?

• A)Exception reporting technique
• B)Transaction tagging technique
• C)Snapshot technique
• D)Parallel simulation technique

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Definitions:

Marketing Research

The process of gathering, analyzing, and interpreting information about a market, including potential customers and competitors.

Trend Extrapolation

The analytical process of projecting the future direction of a trend based on historical data and patterns.

Past Data

Refers to historical information or records that have been collected and archived, which can be used for analyzing trends, making predictions, or understanding historical contexts.

Future

A period of time that has not yet happened but will come after the present.