Auditing by Testing the Input and Output of a Computer

question 45

Multiple Choice

Auditing by testing the input and output of a computer system instead of the computer program itself will:

• A)Not detect program errors which do not show up in the output sampled.
• B)Detect all program errors,regardless of the nature of the output.
• C)Provide the auditors with the same type of evidence.
• D)Not provide the auditors with the confidence in the results of the auditing procedures.

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Definitions:

Base Period

A specific time period used as a reference point to measure changes in economic indicators or indexes.

Quantity

The quantity of a tangible or intangible good or service.

Frictional Unemployment

A type of unemployment that occurs when people are temporarily between jobs or are waiting to start new jobs, often seen as a natural part of the labor market.

Labor Force

consists of all the people who are of working age, able and willing to work, and actively seeking employment or are currently employed.