A limit test is a:
A) test to ensure that a numerical value does not exceed some predetermined value.
B) check to ensure that the value in a field falls within an allowable range of values.
C) check to ensure that the data in a field have the proper arithmetic sign.
D) check on a field to ensure that it contains either all numeric or alphabetic characters.
Correct Answer:
Verified
Q20: Internal control includes monitoring of controls.
Q21: An effective control environment:
A)identifies and responds to
Q22: A well-prepared flowchart should make it easier
Q23: The documentation of an auditor's understanding of
Q24: Where computer processing is used in significant
Q26: A flowchart is most frequently used by
Q27: Which of the following audit tests would
Q28: Which of the following procedures most likely
Q29: The concept of reasonable assurance in the
Q30: Reports on service organizations typically:
A)provide reasonable assurance
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