Which of the following is necessary to audit balances in an on-line IT system in an environment where updated information is written over existing information?
A)A utility program which reconciles the subsidiary ledgers with the general ledger.
B)Periodic dumping of transaction files.
C)A well-documented audit trail.
D)An integrated test facility.

Question

Quizplus · Accepted Answer

A well-documented audit trail is necessary to track changes to the information in an on-line IT system where updated information is written over existing information. This will help auditors trace any discrepancies and perform an accurate audit. Options A, B, and D can also be helpful in auditing on-line IT systems, but they are not necessary in this scenario.

Which of the Following Is Necessary to Audit Balances in an On-Line