An Advantage of Generalized Audit Software Is That

question 44

Multiple Choice

An advantage of generalized audit software is that

• A) it can select a sample of accounts receivable for confirmation and help the auditor prepare confirmation requests.
• B) the auditor avoids having to review systems documentation.
• C) it eliminates the need for any coding by the auditor.
• D) the client's staff can use it to perform audit-related tasks.

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Definitions:

Stereotyping

The act of assigning generalized characteristics or behaviors to all members of a group, based on preconceived notions or simplistic generalizations.

Perceptual Distortion

A psychological phenomenon where an individual's perception of reality is inaccurately perceived due to cognitive biases or environmental factors.

Oversimplified Attributes

Characteristics or features of an object or situation described in a manner too simplistic, ignoring complexity or nuances.

Fundamental Attribution Error

The tendency to overemphasize personal characteristics and ignore situational factors when judging others' behavior.