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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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xeze [42]

Answer:

Flexible manufacturing

Explanation:

A flexible manufacturing system (FMS) refers to a manufacturing system that has a certain degree of flexibility to swiftly respond to unpredicted changes in the manufacturing orders and processes. FMS generally result in a increase in labor productivity and machine efficiency, as well as shorter lead times and increased production rate. If well executed, FMS should provide the same benefits as economies of scale but without the large scale production.

3 0
3 years ago
Mary dislikes having to convince prospective customers to buy products that she believes are inferior to others in the market. h
faltersainse [42]
The inconsistency described above is known as cognitive dissonance. It is a theory that describes the tendency of  an individual to find consistency of the cognitive functions. When this is not met, some behaviors and attitudes are to be changed in order to eliminate the inconsistency.
3 0
3 years ago
Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and
Karo-lina-s [1.5K]

Answer:

Bond interest expense = $2,290

so correct option is b. $2,290

Explanation:

given data

Bond issued = $50,000

Interest rate  = 10%

interest semi-annually = 5%

time period = 5 year

to find out

amount of bond interest expense

solution

we get first Cash interest payment that is here

Cash interest payment = $50,000 × 5%

Cash interest payment = $2,500     ....................1

and Bond premium will be

Bond premium = $52,100 – $50,000

Bond premium = $2,100      .......................2

we know interest paid semi annually so time period will be  = 10

so Amortization of bond premium will be here as

Amortization of bond premium = \frac{2100}{10}

Amortization of bond premium = $210      .................3

so  Bond interest expense will be calculate as

Bond interest expense = Cash interest payment - Amortization of bond premium     .......................4

put here value

Bond interest expense = $2,500 - $210

Bond interest expense = $2,290

so correct option is b. $2,290

8 0
3 years ago
Which of the following is not possible when recording a transaction?A. Liabilities increase and assets decrease.B. Stockholders'
Basile [38]

Answer:

Liabilities increase and assets decrease.

Hope this helps!

3 0
3 years ago
Jennifer has $400 more than brian has. if she were to give brian 20% of her money
denpristay [2]
If Jennifer has 400 dollar more than Brian has, if she gives Brian 20 % of her money she will have to giver Brian 80 dollars which comprises 20% of 400 dollars.
That is a simple calculation:  20/100 x 400 = 80
Question solved. 
3 0
3 years ago
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