Auditors Who Test Manual Controls That Rely on IT-Generated Reports

question 17

Multiple Choice

Auditors who test manual controls that rely on IT-generated reports must consider:

• A) the benefits of relying on IT-generated reports.
• B) separation of duties related to the IT-generated reports.
• C) the controls related to the accuracy of the information in the report.
• D) whether the manual controls are approved by the audit committee.

Understand the importance of sanitation and hygiene in preventing disease.

Describe the process and components of risk assessment in public health.

Identify the challenges and strategies in improving healthcare in developing countries.

Understand the relationship between poverty and health, highlighting the impact of socio-economic factors on disease prevalence.

---

Definitions:

Variable Costing

A costing technique that only assigns variable production costs to inventory, helping managers understand the impact of production levels on total costs.

Net Operating Income

The income produced through a firm's regular commercial activities, not including taxes and interest.

Variable Costing

A record-keeping system in accounting that inputs only variable production-related expenses (direct materials, direct labor, and variable manufacturing overhead) into the cost evaluation of goods.

Unit Product Cost

The total cost (both variable and fixed) associated with producing a single unit of product, calculated by dividing the total production costs by the number of units produced.