Flowcharts and other forms of systems documentation are useful in: (i) operational audits, (ii) investigative audits.

Question

Quizplus · Accepted Answer

Flowcharts and systems documentation are useful in both operational and investigative audits. In operational audits, they help to understand the process flow and identify potential control weaknesses or inefficiencies. In investigative audits, they can help to trace transactions or investigate suspicious activities within a system or process. Therefore, both (i) and (ii) are correct.

Flowcharts and Other Forms of Systems Documentation Are Useful In