This Is One of the Computer-Assisted Audit Techniques, Related to Processing

question 85

Multiple Choice

This is one of the computer-assisted audit techniques, related to processing controls, that involves processing company data through a controlled program designed to resemble the company's application.This test is run to find out whether the same results are achieved under different systems.

• A)Integrated test facility
• B)Embedded audit module
• C)Parallel simulation
• D)Test data method

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Definitions:

List Price

The suggested retail price of a product set by the manufacturer, before any discounts or promotions.

Inventory

The total amount of goods and materials held in stock by a business, warehouse, or point of sale.

Linear Model

A linear model is a mathematical representation used to describe the relationship between two variables by fitting a linear equation to observed data.

Cater

To provide food and drink, typically at social events and in a professional capacity.