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Amanda [17]
1 year ago
8

what is the white-box approach in auditing systems? select all statements that apply. multiple select question. the white-box ap

proach is also called auditing around the computer. auditors need to create test cases to verify specific logic and controls in a system. it requires auditors to understand the internal logic of the system/application being tested.
Business
1 answer:
ira [324]1 year ago
4 0

The white-box approach in auditing systems are :-

It is adequate when automated systems applications are relatively simple.

It is to audit around the computer.

The advantage of this approach is that the systems will not be interrupted for auditing purposes.

Auditing is defined as the on-web page verification interest, which include inspection or exam, of a procedure or nice device, to ensure compliance to requirements. An audit can follow to a whole company or might be precise to a function, system, or production step.

An audit is an "unbiased exam of financial facts of any entity, whether or not earnings oriented or not, no matter its length or legal form while such an exam is carried out on the way to specific an opinion thereon.”

The reason of an audit is to shape a view on whether the records presented within the financial record, taken as a whole, reflects the monetary function of the company at a given date.

Learn more about auditing here : brainly.com/question/24317218

#SPJ4

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If the demand curve for coconut oil is expressed as Q=1200-10p+16p_p+0.2Y, where Q is the quantity of coconut oil demanded in th
lbvjy [14]

Answer:

\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}=0.2\frac{501}{1300}=0.077

Explanation:

To find the income elasticity we first must recall the formula

\eta_{q,y}=\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}

which is the percentage change in quantity when income increases in one percent.

From the demand curve we can find \frac{\Delta Q}{\Delta Y} by taking derivative of Q with respect to Y: \frac{\Delta Q}{\Delta Y} =0.2

Next we need to know what is the income at the equilibrium quantity of 1300, which we can back out from the data given in the question

Q=1200-10p+16p_p+0.2Y

1300=1200-10\times .50+16\times .30+0.2Y\\100+5-4.8=0.2Y\\Y=\frac{100.2}{0.2}=501

Then

\eta_{q,y}=\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}=0.2\frac{501}{1300}=0.077

8 0
4 years ago
Oscar owns a bulldog. Another dog owner filed a lawsuit against Oscar alleging that his bulldog injured her pet poodle in a dog
artcher [175]

Answer:

File a motion or a judgement notwithstanding the verdict

Explanation:

5 0
3 years ago
Read 2 more answers
A company owns a 5-year old turret lathe that has a book value of $20,000. The present market value of the lathe is $16,000. A n
Bas_tet [7]

Answer: $16,000

Explanation:

The Outsider's Point of View is also known as The OPPORTUNITY COST APPROACH.

This as you may know, refers to the cost associated with choosing an alternative over others.

In this scenario, the company owns the 5 year old turret lathe so the Opportunity Cost must be the cost of still owning it.

Since this is the case then the first cost of owning the Lathe is simply the Market Value of the Lathe at the moment.

This is $16,000.

$16,000 therefore is the First Cost of keeping the Old Lathe

8 0
4 years ago
Calculate simple interest for amounts for one year. Amounts by Rate 7.0% and 9.0% Amounts of Loan Rate = 7.0% Rate = 9.0% $40,00
True [87]

Answer: The formula for simple interest is I=PxRxT. The calculations for each is below.

Explanation: The formula for simple interest is Interest = Principal x Rate x Time. In order solve for each of these variables you need to plug each into the formula.

40,000 x .07 = $2,800

50,000 x .07 = $3,500

60,000 x .07 = $4,200

70,000 x .07 = $4,900

80,000 x .07 = $5,600

90,000 x .07 = $6,300

40,000 x .09 = $3,600

50,000 x .09 = $4,500

60,000 x .09 = $5,400

70,000 x .09 = $6,300

80,000 x 09 = $7,200

90,000 x .09 = $8,100

5 0
3 years ago
Read 2 more answers
g A machine costing $58,944 with a 6-year life and $55,853 depreciable cost was purchased January 1. Compute the yearly deprecia
Solnce55 [7]

Answer:

$9,309

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

DEPRECIABLE COST / USEFUL LIIFE

$55,853 / 6 = $9,309

7 0
3 years ago
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