When a Client Uses Desktops and Networked Servers for the Accounting

question 68

True/False

When a client uses desktops and networked servers for the accounting functions, the auditor should normally rely only on non-IT controls or may take a substantive approach to the audit.

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Definitions:

Compositional Factors

The elements or characteristics that combine to define a situation, group, or environment, often determining the outcome or nature of something.

Marriage Resources

Various forms of support, such as financial, emotional, or social, that are available to individuals within a marriage.

Status Considerations

Factors related to an individual's or group's social standing, including wealth, education, and occupation, which influence their interactions and opportunities.

Economic Considerations

Factors or aspects related to finance and economy which influence decisions, policies, or actions in various contexts.