Answered: Suggest how a company can mask…

Suggest how a company can mask financial fraud to the auditing firm through the use of information technology and how an auditing firm can minimize its exposure to this risk

Management Of Information Security

6th Edition

ISBN:9781337405713

Author:WHITMAN, Michael.

Publisher:WHITMAN, Michael.

Chapter6: Risk Management: Assessing Risk

Section: Chapter Questions

Problem 2RQ

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Fundamentals of Testing Strategies

Software testing is a test strategy to evaluate the functionality of the software application with an intent to find whether the actual software product can match the expected requirements and to ensure that the software is free of any defects. It executes the software component to evaluate properties of interest using manual and automated tools. The purpose of software testing is to find the error, gaps, defects, and missing requirements in contrast to actual requirements.

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Provide examples of how a company can use information technology to hide financial wrongdoing from an auditing firm and how an auditing firm can reduce its exposure to this risk.
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