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CICS (Customer Information Control System) is a transaction processing system developed by IBM for mainframe computers. Its primary function is to manage and control online transaction processing (OLTP), allowing for the efficient handling of numerous transactions in real time. CICS provides a reliable environment for executing high-volume, high-speed transactions, making it suitable for applications requiring fast and consistent processing of large amounts of data, such as banking, airline reservations, and retail systems. It ensures that transactions are processed quickly and accurately, while also providing features for managing resources, handling concurrency, and ensuring data integrity. CICS is known for its robustness and reliability in transaction management on mainframe systems.
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
________ the audit risks _________ the materiality and _______ the audit effort
Internal check is carried on by
Which of the following deductions is/are available as deduction from income under both the old and new tax regime of Income Tax?
Which auditing standard outlines the auditor's responsibilities relating to fraud in an audit of financial statements?
Suppose an NPO receives a donation of $10,000 from a donor. The entry to record this transaction would be as follows?
………………. Is a kind of audit is conducted between two annual audits
Which of the following statements is not true?
The scope of internal audit is decided by the :
Process of verifying the documentary evidences of transactions are known as: