An Auditor Sets an Embedded Audit Module to Selectively Monitor

question 62

Multiple Choice

An auditor sets an embedded audit module to selectively monitor transactions.Selected transactions are then reprocessed independently,and the results are compared with those obtained by the normal system processing.The auditor is using

• A)an integrated test facility.
• B)the snapshot technique.
• C)a system control audit review file.
• D)continuous and intermittent simulation.

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Definitions:

Union Labor

Union labor consists of workers who are members of a labor union, which negotiates wages, work conditions, and benefits on their behalf.

Average Wages

The mean income calculated by dividing the total wage pool by the number of wage earners, used as an indicator of economic health and labor market conditions.

Profit Levels

Indicates the ranges of profit a business can generate, reflecting its financial health and operational success.

National Income

The total value of all goods and services produced by a country's economy over a specific period, typically analyzed to assess economic health.