One way to enable the manufacturer’s computer to transact business directly with suppliers’ computers is by...
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One way to enable the manufacturer’s computer to transact business directly with suppliers’ computers is by means of a technology solution called:
Cyber-trading
Electronic data interchange
Internet partnering
Electronic data transacting
2.5 points
QUESTION 4
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An internal auditor is least likely to use computer software to:
Construct parallel simulations
Access client data files
Prepare spreadsheets
Assess computer control risk
Homework Answers
Ans 1
Electronic data interchange
Reason:-
Through the medium of electronic data interchange, manufacturers and suppliers can interact without having a need to meet physically.
Ans 4
Assess computer control risk.
Reason:-
Computer software will not be able to identify the risk because it is based on computer. Auditor has to give attention to properly judge the computer controls.
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