Auditing Definition and Purpose
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Questions and Answers

Auditing is a random examination of financial information to ensure accuracy and reliability.

False

Operational Audits focus on assessing the accuracy of financial statements.

False

Forensic Audits investigate financial discrepancies, fraud, and misconduct.

True

Compliance Audits ensure adherence to internal policies only.

<p>False</p> Signup and view all the answers

Data Integrity in a computerized environment safeguards against errors and manipulations.

<p>True</p> Signup and view all the answers

Business Continuity in a computerized environment focuses on maximizing business disruptions.

<p>False</p> Signup and view all the answers

Auditing does not play a role in identifying operational inefficiencies in a computerized environment.

<p>False</p> Signup and view all the answers

An Operating System is a software component of computerized systems.

<p>True</p> Signup and view all the answers

Memory (RAM and ROM) stores temporary data only in computer systems.

<p>False</p> Signup and view all the answers

Embedded systems are general-purpose computers used for individual tasks.

<p>False</p> Signup and view all the answers

Storage Devices in computer systems store data temporarily.

<p>False</p> Signup and view all the answers

Utilities are tools for system maintenance, security, and optimization in computerized systems.

<p>True</p> Signup and view all the answers

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