Generalized Audit Software Is Effective for Substantive Procedures,but Not for Tests

question 51

True/False

Generalized audit software is effective for substantive procedures,but not for tests of controls.

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Definitions:

Strategies

Plans or methods developed to achieve specific goals or solve problems within various contexts, such as business, government, or personal life.

Substantial Factor Test

A legal criterion used to determine causation, considering whether an action was a significant cause of the harm.

Negligently Start

Refers to the act of initiating something (often a fire or other harm) due to carelessness or failure to take proper precautions.

State of Exhaustion

A legal or physical condition characterized by having exploited all available options or resources.