Parallel simulation is appropriate where transactions are sufficiently important to require a 100 percent audit.
Correct Answer:
Verified
Q7: Embedded audit routines are more easily added
Q8: Some embedded audit routines use automated collection
Q9: One type of tracing is to verify
Q10: ITF is a powerful information system audit
Q11: Snapshot technology is generally incorporated into extended
Q13: The test data technique requires minimal computer
Q14: Parallel simulation processes test data through real
Q15: A trace can produce thousands of output
Q16: Auditing activities undertaken during substantive testing of
Q17: Basic auditing standards may be altered by
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