Big Bank had a program failure occur on Sunday night due to a maintenance program error.Transaction posting was interrupted,with several errors occurring in posting to the master files.Although sales had been posted to the general ledger,individual accounts were not recorded until subsequent days.The general transaction-related audit objective affected by this activity is
A)timing.
B)accuracy.
C)occurrence.
D)classification.

Question

Quizplus · Accepted Answer

The error in posting to the master files implies that there were inaccuracies in the transaction records, affecting the accuracy audit objective.

Big Bank Had a Program Failure Occur on Sunday Night