The existence of IT-based business processes often result in details of transactions being entered directly into the computer system, results in a lack of physical evidence to visibly view.This situation is referred to as:
A) Physical Evidence Risk
B) Loss of Audit Trail Visibility
C) Transaction Summary Chart
D) Lack of Evidence View
Correct Answer:
Verified
Q43: Independence in mental attitude is to be
Q46: The ten standards that provide broad guidelines
Q47: This organization is part of the AICPA
Q47: Claims regarding the condition of the business
Q48: The general guidelines, known as the generally
Q49: Which management assertion determines that transactions and
Q50: This organization was established by the IFAC
Q51: The existence of IT-based business processes, that
Q57: The general guidelines, known as the generally
Q59: The advantages of using IT-based accounting systems,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents