The Effect of Information Technology on the Audit

Question 1

Segregation of Duties (Computers)

Answer 1

C-Control Team
O-Operator
P-Programmer
A-Analyst
L-Librarian

Question 2

Embedded Audit Module

Answer 2

Embedded audit modules are sections of an application program code that collect transaction data for the auditor.

Question 3

Integrated Test Facility

Answer 3

uses test data to test transactions

Question 4

Test Data

Answer 4

• must consist of all possible valid and invalid conditions
• should match the results already pre determined by auditor
• consist of 1.Missing employee numbers 2.Time tickets with invalid job numbers 3. Agreement of hours per clock card with hours on time tickets

Question 5

Parallel Simulation

Answer 5

-clients input data is processed through both the auditors version of the clients program and the clients program and the output is compared