Question 1
The auditor's objective in determining whether the client's computer program correctly processes valid and invalid transactions is accomplished through the
◦ test data approach.
◦ generalized audit software approach.
◦ microcomputer-aided auditing approach.
◦ generally accepted auditing standards.
Question 2
When using the test data approach,
◦ auditors process test data supplied by the client.
◦ auditors often obtain assistance from a computer audit specialist.
◦ the tests must be performed at the end of the year.
◦ the test data must remain in the client's records.