This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An example of substantive testing and also a test of controls is using audit software to identify ... (Read 56 times)

jmoore1989

  • Full Member
  • ***
  • Posts: 139
on: Aug 21, 2022

Question 1

A company requires the controller's e-approval for all fixed asset purchases in excess of $50,000. Audit software can be used to identify if there are any instances where a fixed asset purchase in excess of $50,000 lacked the controller's e-approval, instead of manual checking.
◦ true
◦ false

Question 2

An example of substantive testing and also a test of controls is using audit software to identify purchases where the vendor's invoice, the receiving report, and the purchase order did not match prior to payment of the vendor's invoice.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jmoore1989 on Aug 21, 2022

Harsh06

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


jmoore1989

  • Member
  • Posts: 139
Reply 2 on: Aug 21, 2022
Excellent

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

The Allen Test: Pallor is initiated by compressing the radial and ulnar arteries with the fist clenc The Allen Test: Pallor is initiated by compressing the radial and ulnar arteries with the fist clenc
Testing Whether Therapy has Empirical Support Testing Whether Therapy has Empirical Support
An example of an EHR screen used to order a laboratory test. An example of an EHR screen used to order a laboratory test.
Positive ring precipitin test. Positive ring precipitin test.
Doty's data show a very rapid drop in late adulthood in the ability to identify smells Doty's data show a very rapid drop in late adulthood in the ability to identify smells
A test field of GM papaya A test field of GM papaya
Video: Muscular System Animation

For a complete list of videos, visit our video library