Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. discuss your ability to use specialized audit tool

Discuss your ability to use specialized audit tools including sampling methods. Can you be an effective...

60.1K

Verified Solution

Question

Accounting

Discuss your ability to use specialized audit tools includingsampling methods. Can you be an effective auditor without usingthese tools when auditing transaction cycles such as the RevenueCycle? Explain.

Answer & Explanation Solved by verified expert
3.7 Ratings (327 Votes)
solution audit tool A generic term for any usually computerised instrument eg Formics Fusion software which may beused to capture data so that audit departments can undertake audit projects including document audits essence of careaudits infectioncontrol audits identified risk audits local priority monitoring national audits NICE guideline    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

1. A researcher wants to know if the typing speed of a secretary in words per...

Physics
1.2K views

A logger drags a heavy log across level ground by attaching a cable from the...

Basic Math
1.2K views

Write the expression in rectangular form, x + yi, and in exponential form, re^i?[2(cos 3?/8+...

Accounting
1.2K views

Northwest Paperboard Company, a paper and allied products manufacturer, was seeking to gain...

Accounting
1.2K views

What's difference between "Retire bond", "Redemption of bond", and "Call bond".

Accounting
1.2K views

Acorn Products currently sells small boats for $360. It has costs currently assigned to it...

Accounting
1.2K views

I'm not sure we should lay out $330,000 for that automated welding machine," said Jim...

Accounting
1.2K views

1. Consider a bond issue as follows: Face $100,000 Stated rate of interest...

Accounting
1.2K views

El balance general comparativo de Olson-Jones Industries Inc. al 31 de diciembre de 20Y2 y...

Accounting
1.2K views

7. Zelda owns a building. Zeldas basis in the building is $300,000 and the fair...

Accounting
1.2K views

Flaherty is considering an investment that, if paid for immediately, is expected to return $158,000...

Finance
1.2K views

Raman has a line of credit loan with the ICICI bank. The initial loan balance...