146.
(
d
)
The requirement is to determine the symbolic
representations that indicate that a file has been consulted.
Answer (d) indicates that a manual operation (the trapezoid
symbol) is accessing data from a file and returning the data
to the file (i.e., “consulting” the file). Answer (a) is incorrect
because it represents a processing step (the rectangle) being
followed by a manual operation. Answer (b) is incorrect
because it represents a document being filed. Answer (c) is
incorrect because the diamond symbol represents a decision
process.
147.
(
c
)
The requirement is to determine a benefit of a well-
prepared flowchart. Answer (c) is correct because a flowchart
may be used to document the auditor’s understanding of the
flow of transactions and documents. Answer (a) is incorrect
because while an audit procedures manual may suggest the
use of flowcharts, flowcharts will not in general be used to
prepare such a manual. Answer (b) is less accurate than (c)
because while it may be possible to obtain general information
on various jobs, the flowchart will not allow one to obtain
a
detailed
job description. Answer (d) is incorrect because
a flowchart does not directly address the actual accuracy of
financial data within a system.
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- Summer '19
- Accounting, Financial Accounting, IT Systems
