Auditors Are Responsible to Detect Fraud Even If It Has

question 66

True/False

Auditors are responsible to detect fraud even if it has an immaterial effect on the financial statements.

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Definitions:

Virtual Reality

A simulated experience generated by computer technology, which can immerse users in a digital environment that mimics or creates reality.

Information Technologies

The use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data.

Computer-Generated Environment

A virtual environment created with computer technology, often used in simulation, gaming, or virtual reality applications.

Tablet Computer

A portable computing device featuring a touch-sensitive screen that can be operated with the fingers or a stylus.