Which of the following best describes how the increased use of computerization may impact an auditor's assessment of the risk of fraud?
Which of the following best describes how the increased use of computerization may impact an auditor's assessment of the risk of fraud?
Increased use of computerization can affect how key controls are overridden. With digital systems, it often becomes easier and faster to override controls without requiring extensive collaboration or physical presence, thus changing an auditor’s assessment of fraud risk. This makes option C the most accurate as it directly addresses a critical aspect of fraud risk in computerization scenarios.
Why A? and not C?
Even I think its C, Can someone please mention the reason for A ?
There may also be a lack of segregation of duties, given the accessibility of the computer to many individuals.
Overrides of key controls- cannot be determined auditor's assessment of the risk of fraud hence A as access control is the weak
1-Here the ASSETS are concerned by the risk of fraud (option A). 2-The statements B, C and D seem to be false.
So is it A or C?