The ________ Procedure for Auditing Computer Process Controls Uses a Hypothetical

question 97

Multiple Choice

The ________ procedure for auditing computer process controls uses a hypothetical series of valid and invalid transactions.

• A)concurrent audit techniques
• B)test data processing
• C)integrated test facility
• D)dual process

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Definitions:

Investment

The allocation of resources, such as capital, with the expectation of obtaining an income or profit.

Corporation

is a legal entity that is separate from its owners, with its own rights and liabilities, and is created to conduct business.

Economics

The social science that studies the production, distribution, and consumption of goods and services.

Investment

The allocation of resources, usually financial, into projects, assets, or enterprises, aiming to earn a return over time.