The existence of IT-based business processes often result in details of transactions being entered directly into the computer system, results in a lack of physical evidence to visibly view.This situation is referred to as:
A)Physical evidence risk
B)Loss of audit trail visibility
C)Transaction summary chart
D)Lack of evidence view

Question

Quizplus · Accepted Answer

Loss of audit trail visibility refers to the lack of physical evidence or paper trail that can normally be used to trace transactions or actions taken in a business process. With IT-based processes, there may not be physical evidence and instead, the electronic audit trail may be the only means to track and verify transactions.

The Existence of IT-Based Business Processes Often Result in Details