ACC 544 help A Guide to career/uophelp.com ACC 544 help A Guide to career/uophelp.com | Page 20

• Question 19 In which of the following circumstances would an auditor
expect to find that an entity implemented automated controls to reduce
risks of misstatement?
• Question 20 Carmel Department Store has an ERP information system
and is planning to issue credit cards to creditworthy customers. To
strengthen internal control by making it difficult for one to create a valid
customer account number, the company’s independent auditor has
suggested the inclusion of a check digit which should be placed
• Question 21 Which of the following characteristics distinguishes
electronic data interchange (EDI) from other forms of electronic
commerce?
• Question 22 Which of the following is an engagement attribute for an
audit of an entity that processes most of its financial data in electronic
form, without any paper documentation?
• Question 23 Which of the following computer-assisted auditing
techniques processes client input data on a controlled program under the
auditor's control to test controls in the computer system?
• Question 24 An auditor would least likely use computer software to
• Question 25 Which of the following statements is not true of the test
data approach to testing an accounting system?
• Question 26 When an auditor tests a computerized accounting system,
which of the following is true of the test data approach?When an auditor
tests a computerized accounting system, which of the following is true
of the test data approach?
• Question 27 A primary advantage of using generalized audit software
packages to audit the financial statements of a client that uses an EDP
system is that the auditor may
• Question 28 Which of the following strategies would a CPA most
likely consider in auditing an entity that processes most of its financial
data only in electronic form, such as a paperless system?
• Question 29 Which of the following is an engagement attribute for an
audit of an entity that processes most of its financial data in electronic
form, without any paper documentation?