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 will not have evaluated inherent risk, and will likely have performed tests of controls to assess control risk
C) the auditor will have evaluated neither inherent risk, nor tests of controls to assess control risk
D) the results should be immediately sent to management for vetting
Correct Answer:
Verified
Correct Answer:
Verified
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