The Auditor Is Least Likely to Use Generalized Audit Software

question 5

Multiple Choice

The auditor is least likely to use generalized audit software to

• A) Perform analytical procedures on the client's data.
• B) Access information stored on the client's IT files.
• C) Identify material weaknesses in the client's IT controls.
• D) Test the accuracy of the client's computations.

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Definitions:

Economic Security

The condition of having stable income or other resources to support a standard of living now and in the foreseeable future.

Material Resources

Tangible assets and resources such as cash, real estate, and personal property that can be used to achieve goals or meet needs.

Family's Function

The various roles and responsibilities families perform, such as emotional support, socialization, and providing for members' physical needs, contributing to the well-being and continuation of society.

Bigamy

Marrying a second person while a first marriage is still legal.