summation of numbers having no practical meaning as a control precaution; used by auditors primarily in a computer application. The purpose is to identify whether a record has been lost or omitted from processing. For example, check numbers may be summed to get a hash total. If the total of the check numbers processed does not agree with the hash total, a discrepancy exists, and investigation is required to uncover the error.
summation of numbers having no practical meaning as a control precaution; used by auditors primarily in a computer application. The purpose is to identify whether a record has been lost or omitted from processing. For example, check numbers may be summed to get a hash total. If the total of the check numbers processed does not agree with the hash total, a discrepancy exists and investigation is required to uncover the error.
