Question

When evaluating internal control of an entity that processes revenue transactions on the Internet, an auditor would be most concerned about the

a. Potential for computer disruptions in recording sales.
b. Lack of sales invoice documents as an audit trail.
c. Frequency of archiving and data retention.
d. Inability to establish test data.

Answer 1

An auditor would be most concerned about the potential for computer disruptions in recording sales when evaluating internal control of an entity that processes revenue transactions on the Internet.

Step-by-step explanation:

When evaluating internal control of an entity that processes revenue transactions on the Internet, an auditor would be most concerned about the potential for computer disruptions in recording sales. This is because online transactions heavily rely on computer systems to record and process sales accurately. If there are disruptions or failures in the system, it can lead to errors or delays in recording revenue.

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