Final answer:
The advantages of generalized audit software over spreadsheets include the ability to analyze more than one dataset, automate common analytical routines, and handle larger datasets.
Step-by-step explanation:
An advantage of generalized audit software over spreadsheets is that it enables analysis of more than one dataset. Generalized audit software allows auditors to work with multiple datasets simultaneously, making it easier to compare and analyze data from different sources.
Another advantage is that common analytical routines can be automated using generalized audit software. This streamlines the auditing process and helps to improve efficiency by eliminating manual tasks that would be required when using spreadsheets.
Generalized audit software is also designed for analyzing larger datasets, whereas spreadsheets may be more appropriate for smaller datasets. The software can handle complex calculations and provide more robust analysis capabilities when dealing with large amounts of data.