Describe parallel simulation

The auditor writes a program that simulates the application under review. The simulation is used to reprocess production transactions that were previously processed by the production application. The results of the simulation are compared to the results of the original production run.

Business

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Placing escrow money in a licensee's operating account constitutes commingling.

a. true b. false

Business

Which one of the following is an input to the MRP system?

A) shop-floor schedules B) financial reports C) master production schedule D) purchasing orders

Business