Listed Below Are Five Examples of Auditing Situations and Five

question 30

Short Answer

Listed below are five examples of auditing situations and five information systems auditing techniques.
Required: First,match the letter of the information system auditing technique which best identifies the example.Then,in the space below each item,write a brief explanation of how the technique works in the situation.
A.Parallel simulation
B.Test data approach
C.Mapping
D.PC software
E.Extended records
________ 1.An auditor performs an inexpensive test of a cash disbursements program without modifying the client's program.
________ 2.Audit team members communicate with each other in separate locations during an audit by exchanging Word and Excel files electronically.
________ 3.An auditor inputs test sales order data to find out whether a sales order program executes the program statements needed to produce a shipping notice document.
________ 4.An internal auditor modifies a newly designed accounts receivable program to randomly select sales transactions and save each transaction's complete processing audit trail.
________ 5.During substantive testing,an auditor tests a client's loan interest accrual program by submitting the client's data to a program running on a computer at the auditor's office.