Under which audit technique is the way transactions are processed examined?
A)Exception reporting technique
B)Transaction tagging technique
C)Snapshot technique
D)Parallel simulation technique

Question

Quizplus · Accepted Answer

The Snapshot technique is used to examine the way transactions are processed by taking a "snapshot" of the system at a specific point in time and analyzing the transactions that occurred within that period. This technique allows auditors to track the flow of transactions and identify any errors or irregularities in their processing. The other options, Exception reporting technique, Transaction tagging technique, and Parallel simulation technique, do not specifically focus on analyzing the way transactions are processed.

Under Which Audit Technique Is the Way Transactions Are Processed