Using personal computers in auditing may affect the methods used to review the work of staff assistants because
a. Supervisory personnel may not have an understanding of the capabilities and limitations of personal computers
b. Documenting the supervisory review may require assistance of consulting services personnel
c. The audit standards for supervision may differ
d. Audit documentation may not contain readily observable details of calculations
Ans: d. Audit documentation may not contain readily observable details of calculations
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Which of the following would be considered "economic losses" that could result in compensatory damages being awarded in a negligence case?
a. Disfigurement. b. Loss of consortium. c. Pain and suffering. d. Medical expense and lost wages.
________ is (are) a type of secondary data in which the data collected and/or the process of collecting the data are standardized for all users
A) Basic data B) Complex data C) Written data D) Standardized information E) Syndicated data