Question

1.Explain benefits of using charts in reports instead of tables with data.

2. List and explain pros and cons of mobile agents in automated audit.

Answer 1

1. Benifits of using charts over reports are:

• Charts are easier to understand
• Make the reports attractive
• Mode data with better comparison can be shown
• Charts of different type like pie, line etc can be used as per the suitability

2. Pros:

• Thry can audit the transactions as soon as they occur
• Save on the human resource cost
• Chances of errors are minimum

Cons:

• They work only on logics and not take into consider extraordinary conditions
• Can be costly to implement
• Can be difficult to run, requires training
• May store only a limited time information in its memory