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Information technology auditors are underutilized (or not used at all) in financial audits, creating opportunities for financial data manipulation, abuse, and/or misreporting. As a result,

Information technology auditors are underutilized (or not used at all) in financial audits, creating opportunities for financial data manipulation, abuse, and/or misreporting. As a result, information technology auditors are more likely than financial auditors to effectively understand and test organizations' technology environments. Required: a. Describe the implications of using information technology for internal controls in conglomerate industry. (10 marks)

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