This is one of the computer-assisted audit techniques, related to processing controls, that involves processing company data through a controlled program designed to resemble the company's application.This test is run to find out whether the same results are achieved under different systems.
A)Integrated test facility
B)Embedded audit module
C)Parallel simulation
D)Test data method

Question

Quizplus · Accepted Answer

Parallel simulation involves running the same data through a separate program (the auditor's software) that simulates the company's application, to verify that both systems produce the same results. This technique is used to assess the reliability of the client's processing controls.

This Is One of the Computer-Assisted Audit Techniques, Related to Processing