Multiple Choice
When performing audit data analytics (ADA) as a risk assessment procedure, _______.
A) the auditor will have first obtained an understanding of the entity and its environment
B) the auditor is yet to obtain an understanding of the entity and its environment
C) the auditor will work closely with client management to confirm which risk assessment procedures they would prefer the auditor conduct
D) the auditor should contact the prior auditor for assistance with this procedure
Correct Answer:
Verified
Correct Answer:
Verified
Q56: When the auditor uses audit data analytics,
Q57: The simplest regression is where _.<br>A)the prediction
Q58: If the auditor is performing substantive tests
Q59: Before using client data for audit data
Q60: As part of an audit data analytics
Q62: An issue addressed in the AICPA Guide
Q63: An auditor is performing interim testing of
Q64: If the auditor uncovers a misstatement while
Q65: The auditor is most likely going to
Q66: Types of regression models include _.<br>A)simple linear