Which of the following is not a benefit of using IT-based controls?
A) Ability to process large volumes of transactions
B) Ability to replace manual controls with computer-based controls
C) Reduction in misstatements due to consistent processing of transactions
D) Reduction in internal control evaluation in setting control risk
Correct Answer:
Verified
Q15: Misstatements in the financial statement may not
Q17: The continued integration of IT in accounting
Q19: Which of the following is a component
Q21: A _ total represents the summary total
Q22: Controls which are designed to assure that
Q24: Which of the following tests determines that
Q25: Programmers should be allowed access to:
A)user controls.
B)general
Q86: When purchasing software or developing in-house software,
A)
Q91: General controls include all of the following
Q97: Security controls should require that users enter
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