Economics · Auditing Software Disadvantages
Which of the following is considered a primary disadvantage or risk of using generalized audit software to audit a client's inventory records?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1If the auditor adds a dummy transaction, there is a high risk they might forget to remove it.
- 2If the audit software is not custom-built or integrated with the client's proprietary IT platform, compatibility errors occur.✓
- 3The audit client will strictly disallow any read-only analytical testing using external software.
- 4With a large volume like 5,000 product lines, the software processes procedures too quickly to track errors.
Correct answer
If the audit software is not custom-built or integrated with the client's proprietary IT platform, compatibility errors occur.
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