Question

One of the advantages of generalized audit software is that:

A) it involves auditing after the entity has processed the data rather than while the data are being processed.

B) it provides a limited ability to verify programming logic because its application is usually directed to testing entity files or databases.

C) it is limited to audit procedures that can be conducted on data available in electronic form.

D) limited IT expertise or programming skills are required.

Answer 1

Generalized audit software has several advantages, including the ability to audit data after it has been processed, the limited ability to verify programming logic, and the ease of use for auditors with limited IT expertise or programming skills.

Step-by-step explanation:

<p>One of the advantages of generalized audit software is that it allows auditors to perform auditing procedures on data that has already been processed by the entity, rather than during the processing of the data. This reduces the risk of interference or manipulation of the data by the entity being audited. </p><p>Another advantage is that generalized audit software provides auditors with a limited ability to verify programming logic. This is because the software is usually designed to test entity files or databases, enabling auditors to identify any errors or inconsistencies in the data. </p><p>Furthermore, limited IT expertise or programming skills are required to use generalized audit software. It is designed to be user-friendly and easy to interpret, allowing auditors to effectively analyze and communicate the results of their audits.</p>