What does it mean to audit around the computer

Reference no: EM13123051

1. How might the senior audit manager or partner on a particular engagement determine how much cost is acceptable to incur in order to test a particular area? Can you think of any lower cost alternatives?

2. What does it mean to audit around the computer? What is required for this approach to be effective?

3. What's the difference between random error resulting from manual processing and systematic error resulting from IT processing?

Reference no: EM13123051

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