Computers process information consistently for all transactions.This creates a risk that:
A)auditors will not be able to access data quickly.
B)auditors will not be able to determine if data is processed consistently.
C)erroneous processing can result in the accumulation of a great number of misstatements in a short period of time.
D)all of the above.

Question

Quizplus · Accepted Answer

Computers process information consistently, which means any errors or mistakes in processing will also be consistent and repeated across all transactions. This can lead to the accumulation of a large number of misstatements in a short period of time. Auditors must be aware of this risk and take appropriate measures to ensure accurate processing of data. Option A is incorrect because computers can actually store and retrieve data faster than manual methods, so auditors can access data quickly. Option B is incorrect because auditors can use various audit techniques to test for consistent processing, such as reviewing system controls and performing data analysis.

Computers Process Information Consistently for All Transactions