Explain how the magnetic audit trail functions

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Reference no: EM131215617

• Explain how the magnetic audit trail functions.

• Are large batch sizes preferable to small batch sizes? Explain.

• Discuss why an understanding of legacy system technologies is of some importance to auditors.

• If an organization processes large numbers of transactions that use common data records, what type of system would work best (all else being equal)?

Reference no: EM131215617

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