Describe the differences between general-use software and generalized audit software. How might you use spreadsheet software, database software, and word processing software in conducting an audit of fixed assets?
Generalized audit software are used in many organization to perform routine operations. These software allow auditor to sort, filter large data in faster manner.They are costly to purchase.
General-use software are type of software which are used in general sense like in school, college, home. It provides many features that the general user may want e.g. formatting text, creating charts, creating tables. They are relatively cheap and easily available in computer store.
While conducting the audit of fixed asset spreadsheet application can be used for fixed asset control system, maintaining fixed asset account. Database software can be used for maintaining the fixed asset record, record of sale/scrap of asset. Word processing software can be used for writting the report on audit of fixed assets.
Describe the differences between general-use software and generalized audit software. How might you use spreadsheet software,...
Many auditors use a generalized audit software to assist them in examining the clients' computer records. a-. Describe what is meant by generalized audit software. b. List two advantages of using generalized audit software. c. List three functions that can be performed with this type of software.
What are the differences between utility software and application software? Please describe it in detail and provide a few examples. A software developer has built software that plays video and music. She wants to provide this software to the user for free of charge but wants to have the copyright of the software. Which software licensing software should she use and why? List the different type of software licensing and how the buyer can use it? Multiprocessing and Parallel processing...
The following data items are maintained in a company's database for each fixed asset item that it owns: fixed asset number, fixed asset description, fixed asset classification, location, responsible manager, maintenance schedule, purchase price, purchase date, vendor information, depreciation method, current depreciated value, salvage value, depreciation amount, taxable value, insured value, insurance vendor Required: List the audit objectives that you could accomplish by using generalized audit software to access and manipulate these data items. Briefly explain how you would use...
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When might you want to know the mean differences between two or more groups in banking? Please describe the situation, including how and why it would be used.
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Causality between two variables: Describe how we test for causality and why this might be important in conducting empirical analysis.
Causality between two variables: Describe how we test for causality and why this might be important in conducting empirical analysis.
Describe the differences between the use of the binomial and Poisson distribution. Provide one example of how each can be used and explain why you selected the example.