Which of the Following Is Not Seen as an Advantage

question 14

Multiple Choice

Which of the following is not seen as an advantage to using generalized audit software (GAS) ?

• A) Auditors can learn the software in a short period of time.
• B) It can be applied to a variety of clients after detailed customization.
• C) It can be applied to a variety of clients with minimal adjustments to the software.
• D) It greatly accelerates audit testing over manual procedures.

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Definitions:

Foreign Exchange Market

An international platform for trading national currencies with each other.

U.S. Dollar

The official currency of the United States of America, widely used as a global reserve currency.

Foreign Exchange Market

A global marketplace for exchanging national currencies against one another.

Swiss Franc

The national currency of Switzerland, known for its stability and being a safe-haven currency in times of financial uncertainty.