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One of the Advantages of CAATS Software Is That It

question 78

True/False

One of the advantages of CAATS software is that it can replace the auditor's judgment in specific areas of an audit.


Definitions:

Tangible

Physical items or properties that can be seen, touched, and measured, such as machinery, buildings, and land.

Variation

Variation is the difference or diversity in size, shape, quality, or form among individual elements or items within a population or a series of events.

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