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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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6 0
3 years ago
Costs from Beginning Inventory Costs from Current Period
Alex

Answer:

$30.59

Explanation:

<em>Note that the FIFO method is used for this question</em>

Equivalent Units

Materials =  5,200 x 100 % + 300 x 100 % = 5,500

Conversion Costs = 400 x 55 % + 5,200 x 100 % + 300 x 35 % = 5,525

Total Costs

Materials =  $25,200

Conversion Costs = $143,700

Cost per Equivalent unit

Materials =  $25,200/5,500 =  $4.58

Conversion Costs = $143,700/5,525 = $26.01

Total Cost = $4.58 + $26.01 = $30.59

<u>Conclusion</u>

The cost of completing a unit during the current period was $30.59

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3 years ago
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3 years ago
A liability created when a business collects cash from customers in advance of providing services or delivering goods is called?
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3 0
2 years ago
Fleming Company has the following cumulative taxable temporary differences: 12/31/18 12/31/17 $1,600,000 $2,250,000 The tax rate
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Answer:

Pretax financial income is $3,350,000.00

Explanation:

Fleming's pretax financial income is the taxable income for 2018 plus the increase in cumulative taxable temporary difference in 2018.

Taxable income is $4,000,000

Difference in cumulative  taxable difference=$1,600,000-$2,250,000

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pretax  financial income=$4,000,000+(-$650,000)

                                                    =$4,000,000-$650,000

                                                    =$ 3,350,000.00  

The pretax financial income for year 2018 is  $3,350,000.00  

7 0
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