Which of the Following Would Provide the Greatest Assurance of the Accuracy

question 337

Multiple Choice

Which of the following would provide the greatest assurance of the accuracy of a computer program's computation of freight charges for catalog sales?

• A) Use discovery sampling, selecting transactions from invoices which should have freight charges added to them.
• B) Use either test data or parallel simulation to test the computer application.
• C) Use difference estimation, selecting transactions from invoices which should have freight charges added to them.
• D) Use generalized audit software to select a monetary-unit sample of invoices that have been billed to customers.

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Definitions:

Sales Objectives

Specific goals set by a business related to the selling of products or services, often quantifiable and set within a timeframe.

Evaluating Performance

Involves systematically assessing the work and results of individuals or organizations to determine achievement or progress.

Product Modifications

Changes or improvements made to a product to enhance its performance, appearance, or market appeal.

Target Markets

Specific groups of consumers identified by businesses as the most likely purchasers of their products or services, based on various demographic, geographic, and psychographic factors.