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Is the purpose of an audit trail to follow a transaction

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Reference no: EM132853360

Porblem 1: Scheduled reports may contain some information that is relevant to some decisions and irrelevant to other decisions. Why are some scheduled reports designed this way, rather than multiple reports being generated for various decision-making purposes?

Porblem 2: Ultimately, is the purpose of an audit trail to follow a transaction from its input through its processing and finally to the financial statements or vice versa? Explain your answer.

Porblem 3: If management control and strategic planning decisions do not receive a high level of support from traditional information systems, then how do they get the support?

Reference no: EM132853360

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