You are the internal auditor for a small manufacturing company, and for the first time you have just used a new automated audit system. You installed the audit system on one of the main accounting servers, and it then automatically scanned all the files in the entire accounting system. At the end of the scan the following report was produced:

Required

(a) Given the limited information that you have in this case, venture an analysis about how severe the problems are. Comment on each problem in the report.

Transcribed Image Text:

Transaction validation errors: Duplicate transactions: Computational errors: 241 incidences 102 incidences 006 incidences