What does it mean to tag transactions for testing an IT environment?
This is a form of CAAT testing, which is when the audit team audits through the computer. Basically, the audit team will create a fictitious sale in the system and then follow it through the system and make sure that the transaction is properly treated in the system.
For example, if you were auditing a sunglass store, you would go into the sunglass store and have them process a transaction for you and then subsequently issue a refund. This would allow you to trace the sale and refund transactions through the system!
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