Multiple Choice
In general, an auditor is more likely to use audit data analytics (ADA) when which of the following conditions exist?
A) Evidence to support the audit test is available in electronic form.
B) Relevant data is reliable and internal controls over the reliability of data are strong.
C) Relevant data is clean or can be cleaned up easily.
D) All of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: Auditors performing audit procedures related to accounts,
Q23: Every audit will involve _.<br>A)conflicts with management
Q24: Determining fair value of a transaction or
Q25: A client currently being audited has an
Q26: An audit strategy can take _.<br>A)a reliance
Q28: A dual-purpose test _.<br>A)involves the auditors designing
Q29: If the control environment is assessed to
Q30: Examples of analytical procedures include _.<br>A)ratio analysis<br>B)trend
Q31: Auditors will assess the risk of fraud
Q32: When auditors are performing substantive procedures and