Spreadsheet Software Would Be Most Useful for Which of the Following

question 3

Multiple Choice

Spreadsheet software would be most useful for which of the following audit activities?

• A) Testing internal controls over computerized accounting applications.
• B) Preparing an audit plan.
• C) Preparing a comparison of current-year expenses with those from the previous year.
• D) Drafting a planning memorandum.

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Definitions:

Sails

Large pieces of fabric attached to the mast of a boat or ship, designed to catch the wind and propel the vessel forward.

Passengers

Individuals who are transported in a vehicle but do not operate it, often paying for the service or being accommodated by the operator.

Syllogistic Steps

Sequential logical arguments that involve a major premise, a minor premise, and a conclusion, following the structure of syllogism.

Fugitive

A person who has escaped from captivity or is in hiding to avoid arrest or persecution.