What Is the Primary Purpose of Computer Audit Software

question 40

Multiple Choice

What is the primary purpose of computer audit software?

• A) eliminate auditor judgment errors
• B) assist the auditor in retrieving and reviewing information
• C) detect unauthorized modifications to system program code
• D) recheck all mathematical calculations, cross-foot, reprocess financial statements and compare to originals

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Definitions:

Privacy Laws

Regulations designed to protect the personal information and data of individuals from unauthorized use or disclosure.

Personal Assets

Refers to property owned by an individual, including both tangible and intangible items such as cash, real estate, stocks, and personal belongings.

Sole Proprietorship

A business structure where the business is owned and run by a single individual, with no legal distinction between the owner and the business.

Business Transactions

Economic activities that involve the exchange of goods, services, or money between two or more parties.