As a processing tool in the AIS, general ledger software can be useful in:
A)A management audit.
B)n investigative audit.
C)Both A and B.
D)Neither A nor B.

Question

Quizplus · Accepted Answer

General ledger software is helpful both in management audits as well as investigative audits. In a management audit, the software can be used to analyze financial data and identify areas where the organization can improve its financial performance. In an investigative audit, the software can be used to trace transactions and identify potential fraud or other irregularities in the accounting system. Therefore, both choices A and B are correct.

As a Processing Tool in the AIS, General Ledger Software