Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 18, 2024

Which of the following would not assist in continuous auditing? Multiple Choice Better compliance with laws and regulations. It can reduce the effort required for

Which of the following would not assist in continuous auditing?

Multiple Choice

Better compliance with laws and regulations.

It can reduce the effort required for routine testing.

Transactions can be tested and analyzed closer in time to when they actually occur.

It can be costly and time consuming to set up continuous auditing processes.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

11th Edition

9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895

More Books

Students also viewed these Accounting questions

Question

★★★★★

This question refers to the article titled "Does Wal-Mart Sell Inferior Goods?" by Emek Basker, published in the journal Economic Inquiry, Volume 49, No.4, October 2011, pages 973-981. (a) Explain...

Answered: 1 week ago

Question

★★★★★

Determine the force in members GF, FC, and CD of the bridge truss. State if the members are in tension or compression. Assume all members are pin connected. 15 ft 30 ft B. - 40 ft-40 - 40 ft- 40 ft-...

Answered: 1 week ago

Question

★★★★★

11. Explain how you can approximate the payoff of a SuperShare by a portfolio of options.

Answered: 1 week ago

Question

★★★★★

Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit juices arc extracted from fresh fruits and then blended in the Blending Department. The blended juices are...

Answered: 1 week ago

Question

★★★★★

Which of the following would not assist in continuous auditing? Multiple Choice Better compliance with laws and regulations. It can reduce the effort required for routine testing. Transactions can be...

Answered: 1 week ago

Question

★★★★★

using C program, you must apply system calls and library functions in your code this homework you are supposed to create a program using message queue method in order do the followings 1. You need to...

Answered: 1 week ago

Question

★★★★★

Starbucks Case Description This scenario looks at the impact of a loyalty program on CLV. Usually we would expect a loyalty or rewards program to increase frequency of purchase, and or average spend...

Answered: 1 week ago

Question

★★★★★

Blue Spruce's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. The company anticipated that the restorers would work a total of 15,120...

Answered: 1 week ago

Question

★★★★★

Merge function with n1 and n2 one longer element For the MERGE function, the sizes of the L and R arrays are one element longer than n and n, respectively. Can you rewrite the merge function with...

Answered: 1 week ago

Question

★★★★★

Saar Associates sells two licenses to Kim & Company on September 1, 2018. First, in exchange for $100,000, Saar provides Kim with a copy of its proprietary investment management software, which Saar...

Answered: 1 week ago

Question

★★★★★

On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $46,000 cash and computer...

Answered: 1 week ago

Previous Question Next Question