Techniques Needed to Select Specific Transactions of Audit Interest for Testing

question 74

Multiple Choice

Techniques needed to select specific transactions of audit interest for testing would not include

• A) Embedded audit modules.
• B) Monitoring system activity.
• C) Snapshot.
• D) Test data.

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Definitions:

Cost Advantage

The benefit or saving realized from lower production or operational expenses compared to competitors.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness of the world's economies, cultures, and populations.

Operations Strategy

A long-term, strategic plan for optimizing operations, resources, and supply chain management to achieve the business goals and objectives.

Fuel/Payload Efficiency

A measure of how effectively a transportation system uses fuel relative to the payload it carries, often used in the context of aircraft and vehicles.