Questions: Concepts completed Multiple Select Question Select all that apply Each of the following are types of technological impacts related to internal control: (Check all that apply.) establish responsibilities more extensive testing of records separation of duties reduced processing errors maintaining adequate records new evidence of processing

The correct answers are:

• More extensive testing of records
• Reduced processing errors
• New evidence of processing

Explanation for each option:

1. Establish responsibilities: This is a principle of internal control, but it is not specifically a technological impact. It involves assigning specific tasks to individuals to ensure accountability.

2. More extensive testing of records: This is a technological impact. Technology allows for more comprehensive and efficient testing of records, enhancing the ability to detect errors or irregularities.

3. Separation of duties: This is a principle of internal control aimed at preventing fraud and errors by dividing responsibilities among different people. It is not directly a technological impact.

4. Reduced processing errors: This is a technological impact. Automation and advanced software can significantly reduce the likelihood of human errors in processing data.

5. Maintaining adequate records: While maintaining records is crucial for internal control, it is not specifically a technological impact. It is more about ensuring that records are complete and accurate.

6. New evidence of processing: This is a technological impact. Technology can provide new forms of evidence, such as digital logs and audit trails, which can be used to verify processing activities.

In summary, the technological impacts related to internal control include more extensive testing of records, reduced processing errors, and new evidence of processing.