Explain how the magnetic audit trail functions

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Reference no: EM131201276

1. Explain how the magnetic audit trail functions.

2. Are large batch sizes preferable to small batch sizes? Explain.

3. Discuss why an understanding of legacy system technologies is of some importance to auditors.

4. If an organization processes large numbers of transactions that use common data records, what type of system would work best (all else being equal)?

Reference no: EM131201276

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