Multiple Choice
When the auditor is performing audit data analytics (ADA) as a substantive test of details of a population of transactions or balances, _______.
A) the auditor will have evaluated inherent risk and will likely have performed tests of controls to assess control risk
B) the auditor is yet to evaluate inherent risk but has likely performed tests of controls to assess control risk
C) the auditor will have evaluated inherent risk, but not yet performed tests of controls to assess control risk
D) the auditor has not yet assessed either control or inherent risk
Correct Answer:
Verified
Correct Answer:
Verified
Q66: Types of regression models include _.<br>A)simple linear
Q67: A common problem with multinational organizations is
Q68: If a confirmation of an accounts receivable
Q69: If the auditor is performing substantive tests
Q70: When the auditor is performing audit data
Q72: An auditor has sent out positive confirmations
Q73: AU - C 500 Audit Evidence, A
Q74: Once the auditor has planned the application
Q75: Matching information in key data fields _.<br>A)is
Q76: While assessing the reliability of data used