Audit data analytics can be used _______.
A)as a risk assessment tool
B)as a test of controls
C)as a test of details
D)All these answer choices are correct.

Question

Quizplus · Accepted Answer

Audit data analytics can be used as a risk assessment tool, a test of controls, and a test of details. These different approaches can help auditors identify areas of potential risk, assess the effectiveness of internal controls, and gather evidence to support the assertions made in financial statements. Therefore, all the answer choices are correct.

Audit Data Analytics Can Be Used _______