Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. normally, auditors using the itf technique enter i

Normally, auditors using the ITF technique enter immaterial transactions to minimize the effect on output....

90.2K

Verified Solution

Question

Accounting

Normally, auditors using the ITF technique enter immaterial transactions to minimize the effect on output. This is a disadvantage because:

A. the transaction will not appear normal

b. a special routine will be required in the application system

c. designing the test data can be difficult

d, certain limit tests cannot be attempted

Answer & Explanation Solved by verified expert
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

Basic Math
1.2K views

3. Take the mean and standard deviation of data set A calculated in problem 1 and...

Finance
1.2K views

9.        We find the following information on NPNG (No-Pain-No-Gain) Inc. (18 marks total) EBIT = $2,000,000 Depreciation = $250,000 Change...

Biology
1.2K views

The goal of the tree of life is a to be a library of all...

Biology
1.2K views

What does it mean to say that extension by DNA polymerase III proceeds 5'-3'?The 5'...

Physics
1.2K views

A ball is projected with initial velocity u at an angle to the horizontal Then...

Basic Math
1.2K views

Given v 2i and w 2i 3j find the angle between v and w

Basic Math
1.2K views

The rate of flow f t of a continuous income stream is a linear function...

Basic Math
1.2K views

The half-life of gold-194 is approximately 1.6 days.How much of a 15 gram sample of...

Calculus
1.2K views

Eric purchased 4 presents on layaway that cost 15 70 18 50 21 00 and...

Accounting
1.2K views

Problem 8-2A Depreciation methods LO P1 A machine costing $210,400 with a four-year...

Accounting
1.2K views

P 4-2 Discontinued operations [ [[ LO4-4 The following condensed income statements of...

Accounting
1.2K views

Harold Manufacturing produces denim clothing. This year, it produced 5,130 denim jackets at a manufacturing...