Explain how the audit trail differs between a manual system and a computer system.
Question:
Explain how the audit trail differs between a manual system and a computer system.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The audit trail in a manual system and a computer system differs significantly in terms of creation maintenance and accessibility Creation and Recording Manual System In a manual system the audit trai...View the full answer
Answered By
Sed Holaysan
I completed both my bachelor's and master's degrees in chemical engineering in a total of 5 years, and graduated with multiple awards, including a cum laude award and an outstanding thesis award. I also captained our university's quiz bowl team to win several national and international competitions.
While at university, I tutored students from lower year levels for 3 years. I have also coached high school and elementary students for math quiz bowls for 2 years. Finally, I have been tutoring online for over 3 years.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
POST: 3-4 times per week A firm has applied for a loan with the goal to fund a risky project. The bank is considering whether to grant a loan to the firm. The bank knows that the firm may choose...
-
We will be working with a company called Global Bike Inc., (GBI). Information regarding GBI follows. Company History Global Bike Inc. has a pragmatic design philosophy that comes from its deep roots...
-
Henrico Retail, Inc. is a first year audit client. The audit partner obtained the following description of the sales system after recently meeting with client personnel at the corporate office....
-
The condensed balance sheet and income statement data for Cardinal Corporation are presented below. Additional information: 1. The market price of Cardinal common stock was $5.00, $3.50, and $2.30...
-
Jasper Sports Limited purchased inventory costing $10,000 by signing a 10% short-term note payable. The purchase occurred on March 31, 2014. Jasper pays annual interest each year on March 31....
-
Intermediate: Calculation of minimum purchase cost when cost per unit is not constant A company is reviewing the purchasing policy for one of its raw materials as a result of a reduction in...
-
2. Voluntary health and welfare organizations: a Are required to use fund accounting principles to segregate unrestricted and restricted net assets b May report fund accounting information as...
-
Access The Coca-Cola Companys SEC 10-K filing at www.coca-cola.com and address the following: 1. What companies does Coca-Cola describe as significant equity method investments? How do these...
-
Harry purchased some new equipment for his business in November of last year. It was the only asset he purchased that year. He originally purchased the equipment for 1 5 , 0 9 7 but demand has...
-
What risks do data consolidation in an IT environment pose?
-
What is the objective of SAS No. 78?
-
What are two steps to locate proportions under the normal curve?
-
Adidas-Consumer Goods STEP ONE: MISSION: Mission statement core message that guides and influences your marketing strategy. Why is this company in business and what is the purpose of their...
-
You have been operating and growing your golf club for the last six (6) years. You are happy with the fact that all revenue streams (and as a result your share value) have continued to increase as...
-
Given the following HTML, write a simple bit of JavaScript code that will DELETE ALL OF THE TAGS ON THE PAGE. Quiz I'm a Heading I'm a paragraph I'm special I'm also a paragraph Footer! HINT: You'll...
-
Your company has been quite successful in sending employees on international assignments. As the HR Manager responsible for selecting such employees, present a report to the management of your...
-
You will be looking at a particular market in the economy. I will assign the market to you arbitrarily. Please look for at the end of this document to identify which market you will be responsible...
-
Suppose a firm has a defined benefit pension plan and faces a marginal tax rate on ordinary income of 35%. The firm can earn or issue fully taxable bonds that yield 12% and can purchase stock...
-
Suppose Green Network Energy needs to raise money to finance its new manufacturing facility, but their CFO does not think the company is financially capable of making the periodic interest payments...
-
A proposed $2.5 M investment in new equipment at a 100 MG/y M&Ms factory will save the plant $800,000/y in energy costs. Assuming an annual interest rate of 5%/y (compounded annually), and an...
-
Brief Exercise 10-7 Coronado Company obtained land by issuing 2,250 shares of its $14 par value common stock. The land was recently appraised at $103,240. The common stock is actively traded at $44...
-
The following schedule reconciles Cele Co.'s pretax GAAP income Pretax GAAP income Nondeductible expense for fines Tax deductible depreciation in excess of GAAP depreciation expens Taxable rental...
Study smarter with the SolutionInn App