Once the auditor has planned the application of audit data analytics, the auditor should _______.
A) access the data, make a copy of the client's data, and prepare the data for analysis
B) seek the approval of management with respect to the tests
C) determine how much these procedures will increase the cost of the audit and advise management accordingly
D) access the data and prepare the data for the internal auditors to review
Correct Answer:
Verified
Q13: A more complex model of regression analysis
Q14: The reliability of audit evidence is decreased
Q15: Advances in the technological landscape _.
A)are providing
Q16: One of the steps in preparing data
Q17: Audit data analytics can be used _.
A)as
Q19: A common problem with multinational organizations is
Q20: When electronic data is obtained from an
Q21: Before using client data for audit data
Q22: A notable item is an item identified,
Q23: An issue addressed in the AICPA Guide
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents