This topic contains a solution. Click here to go to the answer

Author Question: There are two methods for correcting errors, the a. ruling method and the manual method. b. ... (Read 99 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
There are two methods for correcting errors, the
 a. ruling method and the manual method.
   b. manual method and the correcting entry method.
   c. ruling method and the correcting entry method.
   d. the ruling method and the deletion method.

Question 2

Which of the following is a limitation of computer-assisted audit tools?
 
  A) These tools cannot replace skilled forensic accountants, but rather allow them to focus their efforts on the highest-risk journal entries.
  B) These tools cannot analyze 100 of the data, but rather can choose and analyze samples from the journal entry database.
  C) The conclusions arrived at using these tools cannot be supported with substantial quantitative data.
  D) The forensic accountant will have to manually review the general ledger even after using these tools.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

c

Answer to Question 2

A
Explanation: A) Despite the benefits, computer-assisted audit tools, like any tool, have their limitations. They do not replace skilled forensic accountants, but rather allow them to focus their efforts on the highest-risk journal entries.




londonang

  • Member
  • Posts: 540
Reply 2 on: Jul 6, 2018
:D TYSM


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library